iron clad offer
iron clad offer, defined:
a unique type of contractual offer covered under the Uniform Commercial Code (UCC). The term, iron clad offer, refers to a type of offer that may not be modified by the party receiving the offer (offeree). It's as if the offer were cast in metal, thus the name, iron clad offer. The legal novice should understand that iron clad offer denotes a specific method for reaching an agreement wherein there can be no counter-offer.
iron clad offer, as it might be used:
The iron clad offer gives us no options but to take it or leave it.
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Clear-Point Law Dictionary
