What is an offer
An offer is i) a conditional offer made by a buyer or seller to buy or sell an asset, which becomes legally enforceable if accepted, ii) the act of offering something to sell, iii) an offer or an offer to buy something.
An offer is a clear offer to sell or buy a specific product or service under specific conditions, and is made in a way that a reasonable person would understand that accepting it will result in a binding contract. There are many types of offers, each with a distinct combination of features ranging from price requirements, rules and regulations, type of asset, and motivations of the buyer and seller.
For example, potential home buyers will write an offer to the seller and often state the higher price they are willing to pay. In share and debt issues, the offer price is the price at which the securities issued by the public are offered for purchase by the investment bank subscribing to the issue. A public tender offer is an offer to buy shares or debts of a company from existing shareholders and bondholders at a specified price and for a defined period.