Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tendering”

tendering

noun [U]
 
 
/ˈtendərɪŋ/
COMMERCE the process of choosing the best or cheapest company to supply goods or do a job by asking several companies to make offers for supplying the goods or doing the work: The whole process is done by competitive tendering. The laundry contract was awarded to the company that had offered the lowest price in the tendering process.
→ See also collusive tendering
(Definition of tendering from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tendering?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “tendering”

Word of the Day

look on the bright side

to find good things in a bad situation

Word of the Day

The language of work

by Kate Woodford,
October 15, 2014
Most of us talk about our jobs. We tell our family and friends interesting or funny things that have happened in the workplace (=room where we do our job), we describe – and sometimes complain about – our bosses and colleagues and when we meet someone for the first time, we tell

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More