To offer or hand over. For example, evidence is tendered in a court. Money is ‘legal tender’ that can be handed over in exchange for goods. A debtor can tender (offer) an amount of money in full payment of a debt, even if the debt is more than the amount tendered. Also, a tender can be a quote offering to construct a building or undertake renovations for a given price.
A message from the CEO – September 2024
Read article ›