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tender noun ( OFFER )
/ˈten.dər/
/-dɚ/ n [C] Definition
•
a written or formal offer to supply goods or do a job for an agreed priceThe council has invited tenders for the building contract.
•
specialized a written offer to buy or sell shares in a companyput sth out to tender UK
If you put work out to tender, you ask people to make offers to do it
Education departments in all the prisons are being put out to tender.
(Definition of tender noun (OFFER) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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