Tender Legal Meaning and Definition

Here is a simplified definition of the legal term Tender.

Tender (noun, verb)

  1. An official and formal offer to provide goods or services at a specified price. This is often used in business and government contexts, where organizations request quotes for certain needs, which companies provide as tenders.

  2. The act of offering payment or settlement to clear debts or claims.

  3. (non-legal definition) Being soft, delicate, or easily broken.

Note: The usage and meaning of the term "tender" depend on the context it's used in.