Offeror: meaning, definitions and examples
๐ผ
offeror
[หษfษrษr ]
Definition
legal term
A person or organization that makes a proposal or offer. In legal contexts, an offeror is the party who initiates a contract by proposing terms and conditions for an agreement.
Synonyms
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| offeror |
Similar to its legal sense, often used in business transactions where one party proposes a deal to another.
|
| proposer |
Typically used in a general or formal context where someone suggests an idea or plan for consideration.
|
| bidder |
Commonly used in the context of auctions or competitions, referring to someone who places a bid to obtain something.
|
Examples of usage
- The offeror presented a detailed proposal for the construction project.
- The offeror outlined the terms of the employment contract.
Interesting Facts
Legal Terminology
- In law, the term 'offeror' is used in contracts to signify the party that proposes an agreement.
- An offeror creates a binding agreement once the offer is accepted by the other party, known as the offeree.
- The offer can be revoked before acceptance, meaning offerors have power until the deal is made.
Etymology
- The word comes from the Latin 'offerre,' meaning 'to present' or 'to bring forward'.
- The suffix '-or' typically indicates a person performing an action, which fits the role of the offeror as a giver.
- Similar terms include 'donor' and 'vendor,' showing the common theme of giving or providing.
Business Context
- In business, the offeror often represents a seller in negotiations, aiming to close deals.
- Offerors can be individuals, entities, or organizations requiring negotiation skills to present enticing proposals.
- Understanding the role of an offeror is crucial in fields like marketing and sales, influencing how offers are perceived.
Psychology
- People often trust offerors based on their reputation or credibility, which can influence acceptance of proposals.
- The perception of an offeror's sincerity can significantly affect how others respond to the offer.
- Emotional factors often play a role when an offeror presents an offer, impacting the likelihood of acceptance.
Cultural Significance
- In various cultures, the concept of offering can be linked to generosity and hospitality, seen as a positive trait.
- In some traditions, the act of giving involves rituals that enhance the role of the offeror and signify respect.
- Literature often portrays offerors characterizing pivotal moments of changeโthink of characters making significant proposals to alter destinies.
Translations
Translations of the word "offeror" in other languages:
๐ต๐น proponente
๐ฎ๐ณ เคชเฅเคฐเคธเฅเคคเคพเคตเค
๐ฉ๐ช Anbieter
๐ฎ๐ฉ pemberi penawaran
๐บ๐ฆ ะพัะตัะตะฝั
๐ต๐ฑ oferent
๐ฏ๐ต ๆไพ่ (ใฆใใใใใใ)
๐ซ๐ท offrant
๐ช๐ธ oferente
๐น๐ท teklif veren
๐ฐ๐ท ์ ๊ณต์
๐ธ๐ฆ ู ูุฏู ุงูุนุฑุถ
๐จ๐ฟ nabรญzejรญcรญ
๐ธ๐ฐ ponรบkateฤพ
๐จ๐ณ ๆไพ่ (tรญgลng zhฤ)
๐ธ๐ฎ ponudnik
๐ฎ๐ธ bjรณรฐandi
๐ฐ๐ฟ าฑััะฝัั ะฑะตัััั
๐ฌ๐ช แจแแแแแแแแแแแแแแ
๐ฆ๐ฟ tษklifรงi
๐ฒ๐ฝ oferente
Word Frequency Rank
Positioned at #20,627, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.
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- 20624 descriptor
- 20625 beacons
- 20626 prehistory
- 20627 offeror
- 20628 excruciating
- 20629 patrimony
- 20630 walker
- ...