Offeror: meaning, definitions and examples

Similar to its legal sense, often used in business transactions where one party proposes a deal to another.

• The offeror presented a competitive package for the company's services.
• As an offeror, it’s essential to highlight the benefits of your proposal.

Typically used in a general or formal context where someone suggests an idea or plan for consideration.

• The proposer of the new policy explained its potential benefits to the committee.
• She was the proposer of the plan to improve the park facilities.

Commonly used in the context of auctions or competitions, referring to someone who places a bid to obtain something.

• The highest bidder won the painting at the auction.
• There were several bidders interested in purchasing the antique car.