firm offer

firm offer
firm offer n: a binding written offer to buy or sell that cannot be revoked for a stipulated period of time or for a reasonable time that in no event exceeds three months

Merriam-Webster’s Dictionary of Law. . 1996.

firm offer
n.
An offer by a merchant to buy or sell goods made in writing and signed, assuring the other party that the offer will be held open for a specified period of time; regulated by the Uniform Commercial Code.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


firm offer
An offer (usually in writing) which states it may not be withdrawn, revoked, or amended for a specific period of time. If the offer is accepted without a change during that period, there is a firm, enforceable contract.
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Nolo’s Plain-English Law Dictionary. . 2009.


firm offer
A definite and binding proposal, in writing, to enter into a contractual agreement.

Dictionary from West's Encyclopedia of American Law. 2005.


firm offer
A definite and binding proposal, in writing, to enter into a contractual agreement.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

firm offer
n.
   in contract law, an offer (usually in writing) which states it may not be withdrawn, revoked or amended for a specific period of time. If the offer is accepted without a change during that period, there is a firm, enforceable contract.

Law dictionary. . 2013.

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Look at other dictionaries:

  • firm offer — ➔ offer2 * * * firm offer UK US noun [C] ► FINANCE a definite offer to buy something at a fixed price: »The chief executive said yesterday that the bank will make a firm offer within four weeks …   Financial and business terms

  • firm offer — UK US noun [countable] [singular firm offer plural firm offers] a definite offer to buy something for a particular price Thesaurus: activity of shoppinghyponym * * * …   Useful english dictionary

  • firm offer — noun count a definite offer to buy something for a particular price …   Usage of the words and phrases in modern English

  • Firm offer — In the United States, a firm offer allows merchants to make offers to buy or sell irrevocable for up to three months provided that the offer be put down in writing or otherwise authenticated. Such offers are defined by UCC § 2 205 of the Uniform… …   Wikipedia

  • firm offer — UK / US noun [countable] Word forms firm offer : singular firm offer plural firm offers a definite offer to buy something for a particular price …   English dictionary

  • firm offer — An offer to sell goods that remains in force for a stated period. For example, an ‘offer firm for 24 hours’ binds the seller to sell if the buyer accepts the offer within 24 hours. If the buyer makes a lower bid during the period that the offer… …   Accounting dictionary

  • firm offer — An offer to sell goods that remains in force for a stated period. For example, an «offer firm for 24 hours» binds the seller to sell if the buyer accepts the offer within 24 hours. If the buyer makes a lower bid during the period that the offer… …   Big dictionary of business and management

  • firm offer —    In contracts, an offer, probably written, stating that it may not be revoked or amended for a specific period. If the offer is accepted as written within the stated period, an enforceable contract has been made …   Business law dictionary

  • firm offer — As defined by U.C.C. is an offer by a merchant to buy or sell goods in a signed writing which by its terms give assurance that it will be held open. Such is not revocable for lack of consideration during the time stated or if no time is stated… …   Black's law dictionary

  • firm offer — As defined by U.C.C. is an offer by a merchant to buy or sell goods in a signed writing which by its terms give assurance that it will be held open. Such is not revocable for lack of consideration during the time stated or if no time is stated… …   Black's law dictionary

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