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Offer - Law Dictionary Search Results

Home Dictionary Name: offer

offer

offer 1 : a proposal, promise, or other manifestation of willingness to make and fulfill a contract or to bargain under proposed terms with another party that has the power to accept it upon receiving it [denied accepting the ] see also revoke, tender offer 2 : a price named by one proposing to buy (as in a bid, bargain, or settlement) : the amount of an offer to pay money [decided the was too low] offer vb ...


purchase offer

purchase offer A detailed, written document that makes an offer to purchase a property, and that may be amended several times in the process of negotiations. When signed by all parties involved in the sale, the purchase offer becomes a legally binding contract, sometimes called the Sales Contract. Source: U.S. Department of Housing and Urban Development ...


Offer

Offer is, in effect, a promise by the offeror to do or abstain from doing something, provided that the offeree will accept that offer and pay or promise to pay the 'price' of the offer. The price, of course, need be a monetary one. In fact, in bilateral contracts, the mere promise of payment of the price suffices to conclude the contract, while in a unilateral contract it is the actual payment of the price which is required, An Introduction to the Law of Contract. P.S. Atiyah, 44 (3rd Edn., 1981)....


counter offer

counter offer a rejection to all or part of a purchase offer that negotiates different terms to reach an acceptable sales contract. Source: U.S. Department of Housing and Urban Development ...


firm offer

firm offer : 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 ...


tender offer

tender offer : a public offer to purchase a specified number or range of shares from shareholders usually at a premium and in an attempt to gain control of the issuing company ...


Offer of judgment

Offer of judgment, means a settlement offer by one party to allow a specified judgment to be taken against the party, Black's Law Dictionary, 7th Edn., p. 1112...


Offer of shares to the public

Offer of shares to the public. Shares and debentures of limited companies, when allotted or agreed to be allotted with a view to sale to the public, must when offered to the public comply with the provision of s. 38 of the Companies Act, 1929; and see PROSPECTUS. Further, any offer in writing to any member of the public of any shares for purchase except as provided, i.e. (a) shares dealt in with permission of any recognised stock exchange in Great Britain; (b) shares allotted with a view to sale to the public; and (c) offers to persons doing regular business in the purchase or sale of shares, must comply with s. 356 of the same Act; s. 356 also absolutely prohibits 'share pushing,' i.e., any person going from house to house (not being an office used for business purposes) offering shares for subscription or purchase to the public or any member of the public...


Offer to bribery

Offer to bribery, the expression 'offer or bribery' must be given a very wide meaning and not a narrow construction in order to ensure that elections are held in an atmosphere of absolute purity, Ghasiram Majhi v. Omkar Singh, AIR 1968 Ori 99 (103). [Representation of the People Act, 1951, s. 123(1)]...


Tender offer

Tender offer, means a public offer to buy a minimum number of shares directly from a corporation's shareholders at a fixed price, usually at a substantial premium over the market price, in an effort to take control of the corporation, Black's Law Dictionary, 7th Edn., p. 1480....


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