Definition of tender
Etymology
From Middle French tendre (“stretch out”).
Verb
tender (third-person singular simple present tenders, present participle tendering, simple past and past participle tendered)
- (formal) To offer, to give.
tender one's resignation
* 1864 November 21, Abraham Lincoln (signed) or John Hay, letter to Mrs. Bixby in Boston
I cannot refrain from tendering to you the consolation that may be found in the thanks of the Republic they died to save.
- To offer a payment, as at sales or auctions.
In business law, a tender offer is an invitation to shareholders of a corporation to tender, or exchange, their shares in return for a monetary buy-out.
Synonyms
Noun
tender (plural tenders)
- A means of payment such as a check or cheque, cash or credit card.
Your credit card has been declined. You need to provide some other tender such as cash.
- (law) A formal offer to buy or sell something.
We will submit our tender to you within the week.
Further reading
Tender may refer to:
- request for tender - a structured invitation by governments or government agencies to suppliers for the supply of goods or services
- Tendering, or public procurement, a way in which bodies governed by public law buy what they need for their activities
- legal tender - a term for currency
References:
- Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.
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