• Offeror

    Pronunciation

    • US enPR: /ôʹfÉ™r/

    Full definition of offeror

    Noun

    offeror

    (plural offerors)
    1. 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.
    2. Someone who presents something to another for acceptance or rejection.
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