BNET Business Dictionary
Business Definition for: Tender
- to bid for securities at auction. The securities are allocated according to the method adopted by the issuer. In the standard auction style, the investor receives the security at the price they tendered. In a Dutch style auction, the issuer announces a strike price after all the tenders have been examined. This is set at a level where all the issue is sold. Investors who submitted a tender above the strike price just pay the strike price. The Dutch style of auction is increasingly being adopted in the United Kingdom. U.S. Treasury Bills are also sold using the Dutch system.
- to make or submit a bid to undertake work or supply goods at a stated price. A tender is usually submitted in response to an invitation to bid for a work contract in competition with other suppliers.
- See also Sale By Tender
Wiktionary Definition for: Tender
- Sensitive or pain painful to be touched.
- Ex:''Be careful, that area is'' '''tender'''. - Mike Meyers as the voice of the title character in the movie ''Shrek''.
- Of food, soft and easily chewed.
- Ex:''The matrix is telling my brain this steak is'' '''tender''', ''succulent and juicy.'' - Joey Pantolino in the movie ''The Matrix'.'
- A means of payment such as a check or cheque, cash or credit card.
- Ex:''Your credit card has been declined. You need to provide some other'' '''tender''' ''such as cash.''
- # Law A formal offer of payment.
- Ex: We will submit our '''tender''' to you within the week.
- A railroad car towed behind a steam engine to carry fuel.
- # nautical A naval ship that functions as a mobile base for other ships.
- Ex:''submarine tender''
- Ex:''destroyer tender''
- # nautical A boat used for transportation between a ship and shore.
- formal To offer, to give.
- Ex:*'''tender''' one's resignation
- To offer as payment.
- to spread, to stretch out
- to lay ''(cable)''
- to make ''(a bed)''
- to hang up ''(clothes)''
- to build ''(a bridge across an expanse)''
- to extend ''(the hand)''
- to floor ''(with a punch)'', to stretch out
- to cast ''(a net)''
- to set ''(a trap)''
- to coat ''(with plaster)''
- #''(intransitive)'' to tend, to have a tendency
Additional Resources
- Coinmach Service Corp. Announces Expiration of Early Tender Payment Deadline in Connection with Cash Tender Offer for Outstanding Debt Securities
- PLAINVIEW, N.Y. -- Coinmach Service Corp. (AMEX: "DRY") (the "Company") hereby announces the expiration, as of 9:00 A.M. EST today, of the deadline (the "Early Tender Payment Deadline") for holders of the Company's 11% senior secured notes due 2024 (the "Notes") to receive an early tender payment in connection with...
- Research articles 2006-01-25
- MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST PLC - Tender Offer.
- NOT FOR RELEASE INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF IRELAND. MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST plc (the "Company") Tender Offer to purchase up to 20 per cent. of the Shares in issue of the ...
- Research articles 2007-08-29
- MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST PLC - Tender Offer.
- NOT FOR RELEASE INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF IRELAND. MERRILL LYNCH GREATER EUROPE INVESTMENT TRUST plc (the "Company") Tender Offer to purchase up to 20 per cent. of the Shares in issue of the ...
- Research articles 2008-03-11
- Templeton Dragon Fund, Inc. Announces Further Information Relating to Tender Offers
- Business Editors FORT LAUDERDALE, Fla.--BUSINESS WIRE--May 10, 2002 Templeton Dragon Fund, Inc. (NYSE:TDF) (the "Fund"), a closed-end investment company, today announced that the Fund's Board of Directors has approved the terms of a previously announced tender offer ("First Tender Offer") and approved modifications to a previously announced second...
- Research articles 2002-05-10
- MathStar: Will the Tender Offer Stick?
- We’ve been following MathStar MATH for quite some time. Monday night during the last hour of trading in the market, MATH announced it had received a Tender Offer of $1.04 p/s from PureChoice, Inc. The last Tender Offer PureChoice made for MATH was back in November 2008 in which it...
- External links 2009-05-13
- INDIAN TENDER - BENZENE, OTHER CHEMICALS.
- *** Asia Pulse Tender *** --------------------------- INDIAN OIL CORPORATION LTD --------------------------- Research & Development Centre, Sector - 13, Faridabad - 121 007 India NOTICE INVITING GLOBAL TENDER Indian Oil Corporation Ltd, invites sealed...
- Research articles 2002-07-02
- CSK Auto Announces Termination of Tender Offer for 4 5/8% Senior Exchangeable Notes
- PHOENIX -- CSK Auto, Inc. ("Auto"), wholly owned subsidiary of CSK Auto Corporation (NYSE: CAO) (the "Company"), announced today the termination of its previously announced cash tender offer (the "Tender Offer") for its $100,000,000 aggregate principal amount of 4 5/8% Senior Exchangeable Notes due 2025 (the "4 5/8% Notes") because...
- Research articles 2006-07-24
- Pentax Announcement Concerning Pentax Corporation's Approval of the Tender Offer by Hoya Corporation
- Tokyo, Japan, July 2, 2007 - JCN Newswire - At the board meeting held on July 2, 2007, PENTAX Corporation (hereinafter referred to as "PENTAX") has resolved to approve the tender offer by HOYA CORPORATION (hereinafter referred to as the "Tender Offeror") to purchase all shares of PENTAX (hereinafter referred...
- Research articles 2007-07-02
- Husky Energy Inc. Announces Extension of Payment of Full Tender Offer Consideration in Connection with Tender Offer for its 8.90% Capital Securities
- Husky Energy Inc. (TSX: HSE) (the "Company") announced the extension of the payment of full tender offer consideration in connection with the previously announced cash tender offer (the "Tender Offer") to purchase any and all of the Company's outstanding 8.90% capital securities - CUSIP No. 448096AG2 (the "Notes"). As a...
- Research articles 2008-06-26
- Orgenics wins WHO tender. (World Health Organization)
- Manufacturer of medical testing and diagnostic kits Orgenics has been awarded a tender by the World Health Organization WHO to supply diagnostic kits for HIV. The tender, although it does not specify the exact number of kits to be ordered, calls fo Manufacturer of medical testing...
- Research articles 1992-04-10
- Tender Offer.
- AT&T Announces Tender Offer for Up to $1.25 Billion of its 7.30% Notes Due 2011 BEDMINSTER, N.J., March 7 / -- AT&T (NYSE: T) announced today that it has commenced a cash tender offer for up to $1.25 billion in aggregate principal...
- Research articles 2005-03-07
- IBM, Digital and Formula in Tnuva bid. (Tnuva announces plan to sell its Tnuva Computers subsidiary in closed tender)
- Tnuva has announced it will sell its subsidiary, Tnuva Computers, in a closed tender. The list of participants in the tender includes some of the leading companies in the local market, such as IBM, Digital, Formula, EDS and Teldor. Following the tend Tnuva has announced it...
- Research articles 1996-12-31
- Levi Strauss & Co. Increases Size of Tender Offer for Its 7.00% Notes Due 2006 from $375 Million to $450 Million
- SAN FRANCISCO -- Levi Strauss & Co. (the "Company") announced today that it amended its previously announced cash tender offer for its 7.00% Notes due 2006 (the "Notes") to increase the maximum principal amount it is seeking in the tender offer from $375,000,000 to $450,000,000, which represents all of the...
- Research articles 2004-12-17
- Telstra wins coverage expansion tender. (News).
- SYDNEY, Australia--Telstra has won a tender from the Australian government to provide mobile coverage for towns in Australia with populations of 500 or more. The tender is part of a program to improve wireless coverage in towns over 500. The ...
- Research articles 2002-04-08
- HUAWEI WON POWER TENDER OF NORTHEASTERN CHINA
- AsiaInfo Services 05-19-2003 Huawei Won Power Tender of Northeastern China SHENZHEN, May 19, 2003 SinoCast via COMTEX -- With its power data network solutions, Huawei Technologies Co., Ltd won the tender of WAN and LAN projects of Northeast P AsiaInfo...
- Research articles 2003-05-19
- MOTOROLA WON THE TENDER OF CHINA UNICOM'S CDMA 1X NETWORK
- AsiaInfo Services 10-30-2002 Motorola Won the Tender of China Unicom's CDMA 1X Network CHINA, Oct 30, 2002 SinoCast via COMTEX -- Lately, Motorola's Global Telecom solutions Sectors GTSS won the tender of China Unicom's project for the depl AsiaInfo Services...
- Research articles 2002-10-30
- ALGERIA: ALGERIA TO TENDER FOR DURUM WHEAT.(Brief Article)
- According to the North Africa Journal, Dow Jones said that Algeria would re-tender for 150,000 metric tons of durum wheat, which it passed over in its tender last Tuesday. Last Tuesday, Algeria tendered for ... According to the North Africa Journal, Dow Jones said that...
- Research articles 1999-11-30
- UKRAINE: 15.1% SHARE SLATE IN THE INHULETSK ORE-MINING MILL TO BE SOLD BY TENDER.
- The Ukrainian State Property Fund has issued a tender to sell a 15.1% share slate in the Inhuletsk ore-mining and dressing mill in Kryvy Rih, in the Dnipropetrovsk region. The opening price of the slate is 20,543,000 hryvna. The tender will take pla The Ukrainian...
- Research articles 1999-11-14
- UAE: TENDER FOR INDUSTRIAL DEVELOPMENT WORK IN ABU DHABI CONGRESS CENTRE.(Brief Article)
- Al-Bayan newspaper reported the opening of a tender for industrial development work on the Abu Dhabi Congress Centre. The paper noted that the tender was opened in April 2002 and calls for an investment of DH 450 million. ... Al-Bayan newspaper reported the opening of a...
- Research articles 2002-06-18
- BPI wins tender to procure gas pipes for BP.(Corporate Highlights)(PT Bakrie Pipe Industries with Beyond Petroleum )(Brief Article)
- BPI wins tender to procure gas pipes for BP PT Bakrie Pipe Industries BPI said it has won a tender held by Beyond Petroleum BP for the procurement of 18,000 tons of gas distribution pipes valued at US$12.4 million. Boby Gafur Umar, the president BPI...
- Research articles 2004-09-01
