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offer


offer, defined:

a proposal made with the intention of inviting another into a contractual relationship. An offer, whether made to an individual or to the public at large, outlines the proposed contractual terms and invites acceptance. Combined, offer and acceptance represent the two fundamental actions of forming a contract.

offer, as it might be used:

The offer came in the form of a written bid.

An example of offer:

Looking to sell his old sedan, Fergus puts a for-sale sign in the back window of the car and parks it on the street. The sign reads as follows: FOR SALE, 200,000 miles, Firm at $1, 500. This sign constitutes an offer for sale, inviting acceptance from any qualified buyer.
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