offeror Definition
a person or organization that makes an offer, especially in a business context.
Using offeror: Examples
Take a moment to familiarize yourself with how "offeror" can be used in various situations through the following examples!
Example
The offeror proposed a merger with the target company.
Example
The offeror submitted a bid for the construction project.
Example
The offeror withdrew their proposal after negotiations fell through.
offeror Synonyms and Antonyms
Phrases with offeror
Example
The primary offeror for the government contract was a large multinational corporation.
sole offeror
the only entity making an offer in a competitive bidding process
Example
The sole offeror for the construction project was a small local business.
the entity whose offer is accepted in a competitive bidding process
Example
The successful offeror for the supply contract was announced last week.
Summary: offeror in Brief
'Offeror' [ˈɒfərə] refers to a person or organization that makes an offer, particularly in a business context. It is often used in the context of competitive bidding processes, such as 'The offeror submitted a bid for the construction project.' 'Offeror' can be modified by phrases like 'primary offeror,' 'sole offeror,' and 'successful offeror,' which denote the role or outcome of the offer.
