Related Terms
Solicited or unsolicited submission by one party to supply (or buy) certain goods or services to (or from) another. Unlike an offer, a proposal is not a promise or commitment but, if accepted by the other party, its proposer is expected to follow through and negotiate for the creation of a binding contract. If submitted in response to a request for proposals (RFP), it normally constitutes a bid.

Use 'proposal' in a Sentence

I wanted to present my idea to my team and hopefully they would sign off on it so I worked very hard on my proposal.
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During the meeting he made a proposal to supply us with the building materials we need to complete the project.
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The proposal to buy the competition was voted on by all the stockholders and the decision was unanimously accepted on the first vote.
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