| 单词 | tender |
| 释义 | tender tender // noun, verb
■ noun [C,U]
SEALED TENDER, LEGAL TENDER, SELF-TENDER
1 (Commerce ) a formal offer to supply goods or do work at a stated price: We are inviting tenders for the provision of training courses for staff. A local firm submitted the lowest tender. Cleaning and laundry services have been put out to (competitive) tender. The company will hold a tender (= ask for offers) to choose the builder of its oil product terminal. SYN BID
❖ to invite/request tenders ◆ to accept/announce/award/issue a tender ◆ to apply for/bid for/prepare/submit/win a tender
2 (Finance ) an offer to buy shares, etc. at a stated price: The shares are being sold by tender. The group planned to buy back 10% of the company's stock at a tender price of $0.66-0.75 per share.
■ verb
1 (Commerce ) [+ obj or no obj] to make a formal offer to supply goods or do work at a stated price: Local firms were invited to tender for the project. competitive tendering
2 (Finance ) [no obj] to make a formal offer to buy shares, etc. at a stated price, especially in order to gain control of a company: They are expected to tender for 51% of the shares.
3 (Finance ) [+ obj] to make a formal offer to sell shares, etc. at a stated price: 85% of the common shareholders had tendered their shares in response to the $20-a-share offer.
4 (formal) [+ obj] to offer money as payment: The program reads the purchase price and the amount tendered and calculates the change.
5 (formal) [+ obj] to offer or give sth to sb: The CEO and the finance director tendered their resignations last Sunday.
tenderer noun [C]: Unsuccessful tenderers will be told why their bids failed.
WHICH WORD?
tender/bid
If a business bids or tenders for work, they offer to do it for a particular price in competition with others: The company is bidding for a Health Department contract.
The offer itself, usually in the form of a document, is referred to as the bid or tender: Tenders submitted after 31 October will not be accepted.
Tender [U], not bid, is used to refer to the process of competing to do the work: They put the contract out to tender. • a tender application
Bid, both as a noun and a verb, is also used in the context of an auction (= when people offer to buy sth in competition with each other): They have invited bids for a 33% stake in the company. • Decide how much you're prepared to pay before you start to bid. Tender is not used with this meaning. |
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