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tender2

Pronunciation: /ˈtɛndə/
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Definition of tender

verb

[with object]
  • offer or present (something) formally:he tendered his resignation as leader
  • offer (money) as payment:she tendered her fare
  • [no object] make a formal written offer to carry out work, supply goods, or buy land, shares, or another asset for a stated fixed price:firms of interior decorators have been tendering for the work
  • formally offer (a stated fixed price) for carrying out work, supplying goods, etc.:what price should we tender for a contract?
  • (tender something out) seek offers to carry out work at a stated fixed price: I don’t even know why they tendered it out

noun

  • an offer to carry out work, supply goods, or buy land, shares, or another asset at a stated fixed price: we invited tenders for up to three more frigates [mass noun]:being government land, it was sold by tender [as modifier]:a minimum tender price

Phrases

put something out to tender

seek offers to carry out work or supply goods at a stated fixed price: conventional health and social services could be put out to tender

Derivatives

tenderer

noun

Origin:

mid 16th century (as a legal term meaning 'formally offer a plea or evidence, or money to discharge a debt', also as a noun denoting such an offer): from Old French tendre, from Latin tendere 'to stretch, hold forth' (see tend1)

tender in other Oxford dictionaries

Definition of tender in the US English dictionary
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