noun

definition

A proposal that has been made.

example

I decline your offer to contract.

definition

Something put forth, bid, proffered or tendered.

example

His offer was $3.50 per share.

definition

An invitation to enter into a binding contract communicated to another party which contains terms sufficiently definite to create an enforceable contract if the other party accepts the invitation.

example

His first letter was not a real offer, but an attempt to determine interest.

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