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tender |
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Tender
tender An offer to perform a contract,with the present ability to do so.The term is important when parties dispute the amount due on a debt. Usually, the debtor tenders payment in full, but the payment is refused by the creditor because of an assertion that more is due and the creditor will not accept a partial payment. Because there was a tender, if it is later determined the debtor's calculations were accurate, the debtor will owe no additional interest, costs, fees, or expenses. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Purpose Statement Put Put an option Put Bond Put Guarantee Letter Put On Put Option put out to tender Put price Put Provision Put Ratio Backspread put spread Put Swaption Put To Seller Put up |
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