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 ?
Download these: Tenderly, Garden, Selah STING 57TH AND 9TH .
Auntie Corrinne, Uncle Pat, Juliette, Kieron and Stephen xxxxx MORRIS ANGELA You always had a smile to share, Time to give and time to care, A loving nature, a heart of gold, Beautiful memories I tenderly hold, Loved and missed so very much.
When she and Joseph reached Bethlehem, Jesus was born and she tenderly held Him in her arms for the first time.
Mom thoughts of you are tenderly kept, you are a precious lady we will never forget, in God's care you rest above, inour hearts you rest withlove.
Starting with his obsession with the guillotine and ending with his twelve-year project that culminated with Shoah, Lanzmann tenderly balances life and death in his memoir.
Lucart will change the name of Georgia Pacific Italy to Airtissue srl and will market the Tenderly and Tutto brands as such.
THE weeping widow of murdered Joe McNeill tenderly touches his coffin yesterday as she says goodbye.
Watson, 21, looked "besotted", and she was pictured kissing her co-star Johnny Simmons, 24, tenderly.
Tenderly we treasure the past with memories that will always last.
My view is that punters care much less about transparent betting coups than about tailed-off or tenderly ridden runners in the top quartile of the betting.
HE kissed her tenderly on the head, rubbed his nose against hers and beamed the kind of smile that only a new dad can.
I heard him speak tenderly to his wife just exactly as I would speak tenderly to my wife