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 ?
The difference was emphasized for the benefit of the harmony between the sexes: it was an illusion to think that they could exist independently of one another, that a woman could have the same authority as a man or a man be as tender-hearted as a woman.
The heavy-swearing, tender-hearted Rodgers taught countless lessons to young journalists.
Ulloor Subraya is a connoisseur of music and a tender-hearted man who gives her a new strength of soul with which to face the contingencies of life and encourages her to dedicate herself to musical sublimation.
Charitably-owned and cause-driven, Pura Vida combines the tough-minded focus of a business with the tender-hearted nature of a nonprofit.
A survey has revealed 62% of people still feel wealth and personal success are valued more in today's Ireland than being tender-hearted.
According to state-run Korean Central News Agency, Kim visited the Myohyangsan Children's Camp in North Phyongan Province on Sunday, where he told the children that the camp helped realize "the lifelong desire of the great Generalissimos Kim Il Sung and Kim Jong Il, who did everything for the children as their tender-hearted fathers.
While the story of the Elephant Man may be familiar to many, Sherman's poems take readers to the heart of understanding the intelligent, tender-hearted man who lived within his "bales of skin.
Set in Bolton, All In Good Time is a tender-hearted contemporary comedy about two newlyweds who discover that the honeymoon period ends much quicker than anticipated.
Two teenage German deserters leave Joey to a young French orphan girl, whose kindly grandfather is convinced that carrier pigeons are the true heroes of the war, before he is captured by yet more tender-hearted German soldiers.