nonbinding

American  

[nahn-bahynd-ing] / ˈnɑnˈbaɪnd ɪŋ /

adjective

1. not binding; not legally enforceable.

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Example Sentences

The German stock-exchange operator said Thursday that it had made a nonbinding proposal to acquire Allfunds for 8.80 euros a share.

From The Wall Street Journal

A last-minute possibility of keeping the mine in Western hands emerged when a U.S. private-equity company, General Innovation Capital Partners, made a nonbinding offer that exceeded Shenghe’s.

From The Wall Street Journal

The bids submitted are nonbinding, and additional rounds are expected, The Wall Street Journal previously reported.

From The Wall Street Journal

What’s Next: Separately, today is the deadline for first-round nonbinding bids for Warner Bros.

From Barron's

What’s Next: Separately, today is the deadline for first-round nonbinding bids for Warner Bros.

From Barron's