offeror
Pronunciation Noun
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Pronunciation 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.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003