offer


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Related to offer: Invitation to treat

Offer

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

Ask

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.

offer

See ask.

Offer.

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.

offer

see CONTRACT.

offer

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• An offer may be withdrawn at any time before it is accepted, unless the offer by its terms stated it would be irrevocable for a specified period of time or other conditions.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 As a result, the offer may not be withdrawn once acceptance has been placed in the mail.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• Aproperty auctioned without reserve is an offer that may not be withdrawn. Unless specified otherwise, all auctions are presumed to be with reserve and the property may be withdrawn at any time before acceptance.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 classic literature ?
And indeed I had a great deal of reason to say so of him too; for though we lodged both on a floor, and he had frequently come into my chamber, even when I was in bed, and I also into his when he was in bed, yet he never offered anything to me further than a kiss, or so much as solicited me to anything till long after, as you shall hear.
Assuming that the Share Offer has become unconditional in all respects and the Underwriting Agreements are not terminated in accordance with the terms therein at or before 8:00 a.m.
As with the prior offers by Baker Mills, Principal does not endorse Baker Mills unsolicited mini-tender offer and recommends that shareholders do not tender their shares in response to Baker Mills offer because the offer is, as was the case with the previous offers, at a price that is significantly below the current market value of PFG.
Qantas's board agreed to a sweetened AUD$5.60 a share offer for Australia's flag carrier on Thursday.
Knoch's group studied 52 adults who fielded offers in a series of such games, each with a pot of about $16.
But an increasingly well-established pattern is demonstrating that a growing company is almost certain to offer both types of shredding services as they expand geographically or just within their own market region.
I looked at the offer because I love my friends out West.
Cumberland and Size Reduction Specialists offer new granulators with dust containment to reclaim medical molding scrap in clean rooms.
Appeals clearly is the primary driver behind the settlement offer, but we don't actually take possession of the cases and settle them.
Camps can offer an optimal environment to encourage many types of physical activities, teach life-long active recreational pursuits, and establish opportunities to learn active lifestyle behaviors.
We offer our graduates the benefit of combining multiple loans into a single monthly payment and bill, repayment flexibility, and no application fees or charges.
* So I was pleased to see my renewal offer is for $34.95, with an option for two years at $64.95.