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A statement of terms under which the offeror agrees to be bound.
A clear proposal to sell or buy a specific product or service under specific conditions.
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.
A specific, planned, transparent declaration made by one party (the offeror) to another (the offeree) that they are willing to enter into a contract with certain terms and conditions.
A proposal made by one party to another, indicating a willingness to enter into a legally binding agreement.
Once an offer is made, the other party may accept, reject, or counteroffer.