Firm offer

Firm offer

Irrevocable, written, and signed offer regarding the sale or purchase of specified goods or services at specified prices, and valid for a specified period. If no closing or expiration date is specified, the offer is normally considered to be open for 30 days after its presentation. Also called confirmed offer.

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Part of Speech: noun
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Industry/Domain: Law
Category: Contracts
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Related terms

firm offer

Law; Contracts

Irrevocable, written, and signed offer regarding the sale or purchase of specified goods or services at specified prices, and valid for a specified period. If no closing or ...

firm offer

Convention; Conferences

A speaking engagement that is definitely confirmed as in, "I've got a firm offer for Baltimore on that date. " A firm offer is one that becomes contractually binding upon ...

firm offer

Law; Legal services; General law

A merchant’s written offer to buy or sell goods, that will be held open for a certain length of time. It is a type of option that requires no consideration to be valid.

firm offer

Law; General law

A merchant’s written offer to buy or sell goods, that will be held open for a certain length of time. It is a type of option that requires no consideration to be valid.

offer

Convention; Conferences

A promise, proposal or other expression of willingness to make and carry out a contract under proposed terms with another party which has the ability to accept it upon receiving ...