- offeror
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of·fer·or /'ȯ-fə-rər, -ˌrȯr/ n: one that makes an offer to anotheracceptance of the offer terminates the power of revocation that the offeror ordinarily has — J. D. Calamari and J. M. Perillo
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- offeror
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The person or entity that makes an offer, usually to enter into a contract.Category: Business, LLCs & Corporations → Self-Employed Consultants & Contractors
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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offeror, Also known as a bidder. Any company or individual who makes an offer or is considering making an offer to which the City Code on Takeovers and Mergers (the Code) applies. Paragraph 3 of the Introduction to the Code sets out the rules as to the companies, transactions and persons to which the Code applies. The Code definition of offeror provides that any reference to an offeror includes a potential offeror.+ bidderone of the consortia bidding for the award of a PPP contract.Also known as tenderers.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.