Tender
2020-07-30 14:17
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1. To accept a formal offer, such as a takeover bid or tender offer.
2. A means of settlement in a financial transaction.
3. A bid to buy treasury bills.
4. A notice from a futures-contract seller to offer money or goods for settlement of a futures contract.
Taobiz explains Tender
This term is very dependent upon the context in which it is used.