tender 1

tender 1 definition - business

tender 1

  1. An unconditional offer to perform part of a contract. For example, notice of intention to deliver a commodity according to terms of a futures contract.
  2. A barge or small boat used to transport supplies or people.
  3. See legal tender.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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