noun / verb
tender
A formal offer or the act of making one.
The contractor submits a tender to build the new library.
Etymology
The source means holding something out. A formal tender presents an offer for another party to accept or consider.
More examples
- She tendered her resignation to the board.
- The buyer tenders payment before the deadline.
- The agency reviews tenders from three suppliers.
Forms
tender · tenders · tendered · tendering