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Related to offeror: Offeree


Indicates a willingness to sell at a given price. Related: Bid.


The lowest price for which a seller is willing to sell some asset. When one makes a buy order, one may order a broker to buy at the ask, which is simply the best price currently available. The difference between the ask and the bid is called the bid-ask spread, which is a key measure of liquidity.


See ask.


The offer is the price at which someone who owns a security is willing to sell it. It's also known as the ask price, and is typically paired with the bid price, which is what someone who wants to buy the security is willing to pay. Together they constitute a quotation.




A commitment to do some act,usually to buy or sell something,upon specified terms which, if accepted, would create an enforceable contract. The person making the offer is the offeror; the person receiving it is the offeree.Some important concepts include

• An offer may be withdrawn at any time before it is accepted, unless the offer by its terms stated it would be irrevocable for a specified period of time or other conditions.

• The mailbox rule states that if an offer is made via the mail, or if an offer does not limit acceptance to some vehicle other than the mail, then it may be accepted by mail. If so, then acceptance is effective when it is placed in the mail, not when received by the offeror. As a result, the offer may not be withdrawn once acceptance has been placed in the mail.

• The Uniform Computer Information Transactions Act provides that e-mail offers are accepted when the return e-mail has been received by the offeror, not when it is sent.

• Some states have held that fax transmissions of acceptance are effective when faxed.

• An offer that is “accepted,” but with changes in some of the terms or conditions, is a counteroffer and is not an acceptance. A counteroffer is a new offer that must be accepted or rejected. The old offer may not be resurrected at that point.

• Aproperty auctioned without reserve is an offer that may not be withdrawn. Unless specified otherwise, all auctions are presumed to be with reserve and the property may be withdrawn at any time before acceptance.

• Upon receiving an offer from a potential purchaser, an agent is obligated to transmit it to the client as soon as possible, even if the agent thinks it is a poor offer that will not be accepted. Further, an agent may not retain an offer until receipt of another, in order to present them together, unless the client has given specific instructions to act in that manner.

References in periodicals archive ?
The Offeror Must Have At Least Five Years Experience In The Facilitation, Planning, Management And Implementation Of Strategic Planning.
5,703,575 Depositary Receipts were to date acquired by the Offeror outside the Offer, representing approximately 29.
Investors are cautioned that any such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the Offeror that may cause the actual results to be materially different from any future results expressed or implied in such forward-looking statements.
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.
Since then, the Tender Offeror and the Target held discussions aiming to enter into the definitive merger agreement in early April 2007.
We award the contract(s) to the offeror with the lowest price from the list of offerors who received acceptable ratings on mission capability.
The certificate also contains a warning that false statements may subject the offeror to penalties.
Despite arguments suggesting that poison pill rights to purchase stock in either the target or the hostile tender offeror constitute other property and violate the solely-for-voting-stock requirement, there are strong arguments that these rights should not be considered property.
The Offeror as of today owns 5,703,575 Depositary Receipts, representing 29% of all issued and outstanding Depositary Receipts.
Marginal/Little Confidence -- Based on the offeror's performance record, substantial doubt exists that the offeror will successfully perform the required effort.
Pursuant to the Transaction, the Company issued 47,774,100 Common Shares to the Offeror in full and final settlement of outstanding indebtedness in the aggregate amount of US$1,782,616 (CDN$2,388,705) owed by the Company to the Offeror (the "Debt "), such indebtedness being made up of cash advances made to the Company by Offeror.
Offeror Must Assure That None Of The Following Actions Will Be Taken Unless Authorized In Writing By The City Finance Director: A.