firm offer
Definition
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.
firm offer is in the Agreements & Contracts, Corporate, Commercial, & General Law and Purchasing & Procurement subjects.
firm offer appears in the definitions of the following terms: share for share offer, low cost strategy, confirmed offer and private limited company
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