Dictionary
tender offer
noun
business : an offer to buy a certain number of stock shares of a company for a set price in order to gain control of the company
Full Definition of TENDER OFFER
: a public offer to buy not less than a specified number of shares of a stock at a fixed price from stockholders usually in an attempt to gain control of the issuing company
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First Known Use of TENDER OFFER
1967
Rhymes with TENDER OFFER
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