tender

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Tender

To offer for delivery against futures.

Tender

1. To agree to take an offer.

2. To bid for U.S. Treasury securities.

3. To settle.

tender

To offer a security for sale to a party that is making an offer to buy it. For example, a stockholder may decide to tender shares to the issuing firm as part of the company's buyback. See also hedged tender.

tender

  1. an invitation from a buyer who requires particular goods or services to prospective suppliers of those products to put in competing price bids. The buyer will usually detail the precise specifications of the product, and will make a final decision about which supplier's bid to accept on the basis of comparative price and how well bids match up to the stated requirements. See QUOTATION, definition 1.
  2. a means of making a SHARE ISSUE by offering shares to the general public, who are invited to make a bid for shares, subject to a minimum bid price. The issue price of the shares is determined by averaging out the bid prices offered by prospective purchasers. Anyone making a bid which is below the final issue price will not be offered any shares, whilst those making a bid at or above the price will be allotted shares in full at the final price.

    Tenders may be similarly used to sell other financial securities such as TREASURY BILLS.

tender

  1. an invitation from a buyer who requires particular goods or services to prospective suppliers of those products to put in competing price bids. See COMPETITIVE TENDERING.
  2. a means of making a SHARE ISSUE by offering shares to the general public who are invited to make a bid for shares, subject to a minimum bid price. The issue price of the shares is determined by averaging out the bid prices offered by prospective purchasers. Anyone making a bid that is below the final issue price will not be offered any shares, while those making a bid at or above the issue price will be allotted shares in full at the final price.
Tenders may be similarly used to sell other financial securities such as TREASURY BILLS.

See TENDER ISSUE.

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.

References in classic literature ?
With gentle caresses and most tender words the loving Elves gathered about the child, and, with Rose-Leaf by her side, they led her through the palace, and along green, winding paths, till Eva saw what seemed a wall of flowers rising before her, while the air was filled with the most fragrant odors, and the low, sweet music as of singing blossoms.
I can only ask of you the power to be as pure and gentle as yourselves, as tender and loving to the weak and sorrowing, as untiring in kindly deeds to all.
Tenders are invited for Tender Tender Tender Tender Tender Tender Tender Tender Tender Tender Tender Tender
Each holder who validly tenders its Notes and delivers consents on or prior to 12:00 midnight, New York City time, on December 26, 2006 will be entitled to a consent payment, which is included in the total consideration above, of $30 for each $1,000 principal amount of Notes tendered by such holder if such Notes are accepted for purchase pursuant to the tender offer.
Each holder who validly tenders its Notes and delivers consents to the Proposed Amendments (as defined below) prior to 5:00 p.
Subject to certain exceptions set forth in the Statement, tenders of Notes may be withdrawn and consents may be revoked at any time until the applicable Consent Date, but not thereafter.
Each holder who validly tenders its Notes and delivers consents on or prior to October 16, 2006 (the "Early Tender Date") shall be entitled to a consent payment, which is included in the total consideration discussed above, of $30 for each $1,000 principal amount of Buffets Notes or $30 for each $1,000 principal amount at maturity of Buffets Holdings Notes, tendered by such holder if such Notes are accepted for purchase pursuant to the applicable tender offer.
Any shares validly tendered and not purchased due to proration, conditional tenders or shares tendered at a price above the per share purchase price will be returned promptly to the tendering stockholders.
New York City time, on June 15, 2006 (the "Consent Date"), which was the deadline for holders who desired to receive the cash consent payment to tender their Notes and deliver their consents, RBS Global had received tenders and consents for $217.
New York City time, yesterday (the "Consent Date"), which was the deadline for holders who desired to receive the cash consent payment to tender their Notes and deliver their consents, EME had received tenders and consents for $366,566,000 in aggregate principal amount of the 2008 Notes, representing 91.
Tenders of shares of Class A Common Stock must be made on or prior to the expiration of the tender offer and may be withdrawn at any time on or prior to the expiration of the tender offer.
New York City time, on Wednesday, May 10, 2006 (the "Early Tender Date"), Pioneer had received tenders for $296.