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Term of the Day
BusinessDictionary.com
invitation to treat
Definition
Offer
to
receive
an offer. Under UK
law
, the
price
tag on an item displayed in a
shop
window (or advertised over public
media
) is an invitation-to-treat and not an offer of
sale
(the
acceptance
of which constitutes a
contract
).
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Nearby Terms
invisible imports
invisible trade balance
invisibles
invitation for bid (IFB)
invitation to bid (ITB)
invitation to tender
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