offeree

offeree
offeree of‧fe‧ree [ˌɒfəˈriː ǁ ˌɒː-, ˌɑː-] noun [countable] LAW
a person or organization to whom something is offered for sale:

• The offeree's acceptance of the offer was valid.

— compare offeror

* * *

offeree UK US /ɒfəˈriː/ noun [C] FORMAL LAW, STOCK MARKET
a person or an organization that is offered something, especially the opportunity to buy or sell shares: »

Like the offeror, the offeree also has the power to terminate an offer.

»

The board of the offeree company shall circulate its views on the takeover offer.

Compare OFFEROR(Cf. ↑offeror)

Financial and business terms. 2012.

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Look at other dictionaries:

  • offeree — of·fer·ee /ˌȯ fə rē/ n: one to whom an offer is made a unilateral contract consists of a promise on the part of the offeror and performance of the requisite terms by the offeree Kloss v. Honeywell, Inc., 890 P.2d 480 (1995) Merriam Webster’s… …   Law dictionary

  • offeree — |ȯfə|rē, |äf noun ( s) : one to whom an offer is made a contract is formed when there is mutual assent between an offeror and an offeree College & University Business …   Useful english dictionary

  • offeree — noun /ɒfəˈɹiː,ɑfɚˈɹi/ one to whom an offer is made …   Wiktionary

  • offeree — of·fer·ee …   English syllables

  • offeree — In contracts, the person to whom an offer is made by the offerer …   Black's law dictionary

  • Offer and acceptance — Contract law Part o …   Wikipedia

  • contract — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing …   Universalium

  • Contract — law …   Wikipedia

  • Daulia Ltd v Four Millbank Nominees Ltd — Court Court of Appeal Citation(s) [1977] EWCA Civ 5, [1978] Ch 231; [1978] 2 WLR 621; (1978) 36 P CR 2 …   Wikipedia

  • Posting rule — The posting rule (or mailbox rule in the U.S., or postal rule or deposited acceptance rule ) is an exception to the general rule of contract law in common law countries that acceptance takes place when communicated. The posting rule states, by… …   Wikipedia

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