Competitive Tender — A method of distributing debt issues. Bids are submitted by primary distributors and those who bid the highest receive the debt issue. This is a method of distribution used primarily by the Bank of Canada … Investment dictionary
Non-Competitive Tender — One of the two bid processes for buying debt issuances. Non competitive tender is for small investors, while competitive tender is for large institutional investors. The price that a non competitive bidder receives is the average bid price of all … Investment dictionary
tender — {{Roman}}I.{{/Roman}} noun (esp. BrE) ADJECTIVE ▪ highest, lowest ▪ successful ▪ competitive ▪ The contract was put out to competitive tender. ▪ … Collocations dictionary
Competitive Dialogue Procedure — a public procurement procedure for complex projects introduced by the Public Contract Regulations 2006 (SI 2006/5), which came into force on 31 January 2006. The competitive dialogue procedure is now the principal process under which PFI and PPP… … Law dictionary
tender panel facility — United Kingdom An uncommitted facility under which a company may request competitive bids from a prearranged group of banks (the tender panel members ). The bids are normally to subscribe for euro commercial paper to be issued by the company or… … Law dictionary
competitive dialogue procedure — England, Wales One of four procedures through which a public body may award a contract under Public Sector Procurement Directive. The competitive dialogue procedure is for use in complex projects where the public body cannot adequately specify… … Law dictionary
tender — an offer in writing to carry out work, which has been specified by another person. The offer quotes a fixed price, which will be charged for doing the work. Glossary of Business Terms To offer for delivery against futures. Bloomberg Financial… … Financial and business terms
Tender — To offer for delivery against futures. The New York Times Financial Glossary * * * ▪ I. tender tender 2 verb 1. [intransitive] COMMERCE to make a formal offer to do a job or provide goods or services at a particular price: tender for • The… … Financial and business terms
tender — I [[t]te̱ndə(r)[/t]] ADJECTIVE USES tenderer, tenderest 1) ADJ GRADED Someone or something that is tender expresses gentle and caring feelings. Her voice was tender, full of pity... Patients may not receive the tender, loving care once associated … English dictionary
competitive — adj. VERBS ▪ be ▪ become ▪ remain, stay ▪ make sth ▪ skills training to make our industries more competitive in world markets … Collocations dictionary
Competitive Bid Option — A form of the commercial loan syndication where banks submit competing bids on a loan. They can also sell their portion of the participation in a loan to other parties. The borrower has a choice of banks to choose from, and will generally pick… … Investment dictionary