See Also: tender(1)(dictionary)
Tender(finance)
tender(2)(dictionary)
tender(3)(dictionary)
tender(4)(dictionary)
tender(5)(dictionary)
Self tender(finance)
Tender(money)
Tender(medicine)
Self Tender(money)

tender(3) (iou)



tender noun2. M16.
[from TENDER verb2.]
Law. A formal offer made by one party to another; spec. an offer of money etc. made to discharge a debt or liability. M16.
plea of tender a plea that the defendant has always been ready to satisfy the plaintiff's claim and now brings the amount into court.
gen. An offer of anything for acceptance. L16.
Commerce. A written offer made by one party to another to supply goods or carry out work at set price or rate. Also, a method of issuing shares by which offers above a stated minimum price are invited. M17.
L. T. C. Rolt Decided to invite tenders for the hull of the ship and her engines.
Money or other commodities that may be legally tendered or offered in payment; currency prescribed by law as that in which payment may be made. M18.
legal tender: see LEGAL adjective.
J. Gilmour In Urga, brick tea and silver are the common tenders.