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Definition of

sale by tender


sale to party invited to make offer the sale of an asset to interested parties who have been invited to make an offer. The asset is sold to the party that makes the highest offer.

Related definitions of "sale by tender"

Definitions of ’sale by tender’ and meaning of ’sale by tender’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’sale by tender’ and other financial terms with our online QFINANCE Financial Dictionary.

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