Definitions from the Web
Term: Contract Offer
Description:
A contract offer refers to a proposal made by one party to another, expressing their intention to enter into a legally binding agreement. It outlines the terms and conditions under which the contract will be formed.
Senses:
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Sense: Formal business proposal
In the business context, a contract offer is a formal proposal put forth by a company or an individual to another party, with the aim of initiating a contractual relationship.
Example sentence: We received a contract offer from XYZ Inc. to provide consulting services for their new project.
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Sense: Employment proposal
When it comes to employment, a contract offer signifies a written offer extended to a candidate by an employer, outlining the terms of employment, such as compensation, benefits, and job responsibilities.
Example sentence: After a successful interview, Samantha received a contract offer from the company, which she gladly accepted.
Usages:
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Popularity:
A contract offer is a widely recognized term in legal and business settings. It is commonly used in formal discussions, negotiations, and agreements.
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Locality:
The concept of a contract offer is applicable globally and is not limited to any specific region or locality.
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