offer

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Related to offeror: Offeree

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• An offer may be withdrawn at any time before it is accepted, unless the offer by its terms stated it would be irrevocable for a specified period of time or other conditions.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 As a result, the offer may not be withdrawn once acceptance has been placed in the mail.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• Aproperty auctioned without reserve is an offer that may not be withdrawn. Unless specified otherwise, all auctions are presumed to be with reserve and the property may be withdrawn at any time before acceptance.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 periodicals archive ?
In conclusion, VATEP was established to provide objective criteria by which SSAs could choose a higher-performing offeror's proposal when that proposal delivers performance in excess of government thresholds despite that proposal's higher cost.
According to Coty, the offeror has informed it that the offer is being extended to coordinate with the anticipated timing of the one remaining regulatory approval in Russia.
If you were to choose LPTA, past performance could be considered, but only as "acceptable" or "unacceptable." Using VATEP(LP), your team could decide to lower the evaluated price by 3 percent for offerors whose past performance is evaluated to be either "relevant" or "very relevant" and "substantial confidence." Also, anything below "neutral confidence" would be considered technically unacceptable.
The Army received seventeen proposals and entered into discussions with all seventeen offerors; one offeror withdrew its offer.
As a result of analysis and examination of the above and conducting thorough consultations and negotiations over a long period with the Tender Offeror, the Company decided that corporate value of the two companies will be further enhanced by leveraging the management resources of both companies in a mutually complementary manner to develop appealing products by combining the two companies' strengths and providing products to a broader customer base.
The idea was to stop offerors from having "two bites at the apple," which could lead to "technical leveling" (i.e., helping an offeror to bring its proposal up to the level of other proposals through successive rounds of discussion, such as pointing out weaknesses resulting from the offerors lack of diligence, competence, or inventiveness in preparing proposals).
Additionally, the offeror is asked to certify the commerciality of the offered items.
The second poison pill right that may violate the solely-for-voting-stock requirement is the right to purchase the stock of the hostile tender offeror at a discount.
During Step 2, the KO, under the direction of the SSAC members, transferred the colored sticky notes from Board 1 to Board 2, one at a time, by offeror. Board 2 included one row for each offeror that was a continuum with a minus sign to the left, a center mark in the middle, and a plus sign on the right.
As a result, under such share purchases, the offeror's direct holding in Sponda has increased to 15.18%.
The Tender Offeror and the Target have reached a common understanding as described above after several discussions over a long-term period since spring 2006.
Poorly conducted, debriefings can decrease an offeror's confidence in the agency's evaluation practices, and can discourage that offeror from pursuing future business with that agency, thereby decreasing competition.