Offeror
Pronunciation
- US enPR: /ôʹfər/
Full definition of offeror
Noun
offeror
(plural offerors)- 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.
- Someone who presents something to another for acceptance or rejection.