Meaning & use
offer document
Last updated
Meaning
nouncountablebusinessfinancelegal
a formal written document setting out the terms of a takeover bid or share offer
Grammar: Countable: an offer document, the offer documents. Often used with publish, issue, or send.
Patterns
- publish an offer document
- issue an offer document
- send an offer document to shareholders
The company published its offer document for the takeover on Monday.
Shareholders have 14 days to respond once the offer document is issued.
The offer document set out the price per share and the timetable for the bid.
Word forms
| plural | offer documents |
|---|
Common combinations
- publish an offer document
- The board agreed to publish the offer document next week.
- issue an offer document
- The bank issued the offer document to all shareholders.
- the offer document sets out
- The offer document sets out the terms of the deal.
- circulate an offer document
- Lawyers circulated the offer document to both parties.
Synonyms and how they differ
- prospectus
- A prospectus is used when a company first sells shares to the public, not for a takeover bid.
- bid document
- Similar, but 'bid document' is broader and can refer to any tender, not only a share offer.
Word family
Commonly confused: offer document or offer letter?
offer document vs offer letter
An offer letter is usually a job offer, not a formal takeover document.
Practice
Before the takeover could proceed, the company had to ___ an offer document to shareholders.
Choose one answer.
'Publish an offer document' is the standard business collocation. 'Say', 'tell', and 'speak' do not collocate with 'document' in this formal context.
Make it your own
Write a sentence using “offer document”, then check it and compare it with the examples above.