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 periodicals archive ?
Ciertamente, las tiendas Juan Valdez se estan abriendo en barrios nuevos.
Las companias tendran la capacidad de ser duenos de tiendas para la explotacion de productos y mas importante tendran la capacidad de ser duenos del cliente.
I planned days, selling jalapeno chips and Coca-Colas to boys and girls who didn't linger on the stools in the tienda anymore but ran off to watch men and women love and kill and dance on television.
Ruben Leone, gerente de una tienda de fotografia en Buenos Aires, invirtio US$13,000 en un escaner y una Macintosh G-3 hace dos anos, pensando que habria una avalancha de clientes pidiendo que les editara fotos tomadas con sus camaras digitales.
Ademas de una tienda libre de aranceles, una tienda de abarrotesy otra de ropa, el grupo tiene un area aparte para tiendas de lujo libres de aranceles y un salon de negocios.
John Bull is in Cuba thanks to a joint venture with Tiendas Universal, a unit of state conglomerate Cubanacan.
For Grupo Gigante's corporate headquarters and its subsidiaries, Gigante Grupo Inmobiliario, The Home Store and Tiendas Super Precio, IBM will be responsible for fully managing and monitoring the information technology (IT) infrastructure under two managed service modes, applications and infrastructure.
El gigante minorista frances respalda el empeno del gobierno de Colombia por detener la produccion ilegal de coca Ilenando sus tiendas de productos agricolas alternativos.
The Las Tiendas area covers approximately 8,600 gross acres and has approximately 34 producing well bores with an additional 34 locations identified.
The sale includes properties located on an aggregate 82,900 acres in the Sun TSH area in La Salle County, the Briscoe Ranch area primarily in Dimmit County, and the Las Tiendas area in Webb County.
Desde el edificio climatizado de dos pisos, con una exhibicion de autos antiguns, tiendas y otras instalaciones, los pasajeros salen al corazon de La Habana Vieja.
Purchased primarily at small neighborhood markets known as tiendas or bodegas, phone cards are used multiple times by each consumer and reside in the consumer's wallet for up to a week.