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2017 Word of the Year

tender offer

noun
1.
a public offer to purchase stock of a corporation from its shareholders at a certain price within a stated time limit, often in an effort to win control of the company.
Origin of tender offer
1960-1965
First recorded in 1960-65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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7
8
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