Meaning & use

offeror

noun·Advancedlegalformal

Last updated

UK/ˈɒfərɔː/
US/ˈɔːfərɔːr/

Meanings

  1. nouncountablelegal

    The party who proposes terms to another person and, if accepted, creates a binding agreement.

    Grammar: Countable; pairs with offeree, the person receiving the offer.

    Patterns

    • the offeror of something
    • an offeror to someone

    The offeror may withdraw the proposal before the other party accepts it.

    In the contract case, the offeror was a small building company.

    The offeror stated that the price would stay open for ten days.

  2. nouncountablebusiness

    A person or company that submits a bid or proposal, for example to win a public contract or buy shares.

    Grammar: Often used in procurement and takeover contexts.

    Patterns

    • the successful offeror

    The government chose the lowest offeror for the road project.

    Each offeror must submit its tender before noon on Friday.

    The offeror in the takeover raised its price by five percent.

Word forms

pluralofferors

Common combinations

the offeror and the offeree
Contract law distinguishes between the offeror and the offeree.
successful offeror
The successful offeror will be told within a week.
offeror withdraws
If the offeror withdraws before acceptance, there is no contract.
qualified offeror
Only a qualified offeror may bid for the contract.
intention of the offeror
The court looked at the intention of the offeror.

Synonyms and how they differ

bidder
Bidder is common in auctions and tenders, while offeror is the more precise legal term for the one proposing contract terms.
proposer
Proposer is a general word for the one making a suggestion and does not carry legal force.
tenderer
Tenderer is British and used for formal competitive bids for work or supply.

Opposites

Word family

offer verb
to put forward for acceptance
offer noun
something put forward for acceptance
offeree noun
the person who receives an offer
offering noun
something that is offered

Commonly confused: offeror or offeree? offeror or offer?

offeror vs offeree

The offeree receives the offer; the offeror makes it. The spelling differs by only a few letters, so careful reading matters.

offeror vs offer

Offer is the everyday word; offeror is its legal version for the person making one.

Practice

In a contract dispute, who is the offeror?

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