tender


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Related to tender: tinder

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 ?
Although the Tender Offer is scheduled to expire at midnight, New York City time, at the end of the day on November 29, 2016, because holders validly tendered and did not validly withdraw Notes on or prior to the Early Tender Date for which the combined aggregate principal amount exceeded the Maximum Tender Amount after taking into account the Tender Caps, Eastman does not expect to accept for purchase any Notes tendered after the Early Tender Date.
The Total Consideration for each series of Notes is based on the applicable reference yield plus the applicable fixed spread, in each case as set forth in the table below, and is payable to holders of the Notes who validly tendered and did not validly withdraw their Notes on or prior to 5:00 p.m., New York City time, on November 15, 2016 (the Early Tender Date) and whose Notes are accepted for purchase by Eastman.
The Tender Cap for each series represents the maximum aggregate principal amount of Notes of such series that will be purchased in the Tender Offer.
The consideration paid in the Tender Offer for Notes that are validly tendered and accepted for purchase will be determined in accordance with standard market practice as described in the Offer to Purchase by reference to the applicable fixed spread specified in the table above over the yield to maturity of the applicable U.S.
Payment Terms: Tender Tender Tender Tender Tender Tender Tender Tender
Proration of the Notes will be determined in accordance with the terms of the Tender Offer.
Note: The Firms Which Are Already Having Po For This Item, Will Be Eligible Against This Tender Only If They Confirm That They Are Having Capacity To Supply More Than The Rate Of Supply As Stipulated In The Pending Orders On Them And If So, They Must Mention The Rate Of Supply Offered Specifically To Supply Against This Tender.
Tenders are invited for Provision of 4 X Asd Classes And Toilet Block
GameStop announced its plan to launch a "modified Dutch auction" tender offer to purchase up to 12,000,000 shares of its Class A common stock, par value $0.001 per share at a cash purchase price of not greater than $6.00 and not less than $5.20 per share.
a leading provider of monitored security and interactive home and business automation solutions in the United States and Canada, announced the preliminary results of the previously announced tender offer to purchase for cash (the Tender Offer) up to $2,246 million aggregate principal amount of the 9.250% Second-Priority Senior Secured Notes due 2023 (the Notes) of Prime Security Services Borrower, LLC and Prime Finance Inc.
M2 EQUITYBITES-January 4, 2018-Baker Hughes, a GE company reports on final results of cash tender offers by its subsidiary