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The meaning of OFFEROR is one that makes an offer to another. How to use offeror in a sentence.
offeror. n. a person or entity who makes a specific proposal to another (the offeree) to enter into a contract. (See: contract, offer, offeree) Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
An individual or organization that proposes a potential agreement or contract. How to use "offeror" in a sentence. The offeror put forth a business proposition to the board. As the offeror, he took the initiative to suggest a settlement. The house owner became the offeror when he decided to put his house up for sale. Provide Feedback.
OFFEROR meaning: a person, company, or organization that offers to buy something from another person, company, or…. Learn more.
Offeror refers to the person in a contract negotiation that makes an offer. The other party that receives the offer and has the power of acceptance is the offeree. [Last updated in August of 2023 by the Wex Definitions Team]
OFFEROR definition: a person, company, or organization that offers to buy something from another person, company, or…. Learn more.
Offeror definition: the person who makes an offer. See examples of OFFEROR used in a sentence.
An offeror is a person or entity who makes a proposal to enter into a contract with another party. The offeror presents the terms and conditions under which they are willing to be bound, inviting the other party (the offeree) to accept these terms and form a binding contract.
One who makes an offer to another. A unilateral contract consists of a promise on the part of the offeror and performance of the requisite terms by the offeree. Acceptance of the offer terminates the power of revocation that the offeror ordinarily has.
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