Offeror refers to the person in a contract negotiation that makes an offer. The other party that receives the offer and has the power of acceptance is the offeree.
[Last updated in August of 2023 by the Wex Definitions Team]
Offeror refers to the person in a contract negotiation that makes an offer. The other party that receives the offer and has the power of acceptance is the offeree.
[Last updated in August of 2023 by the Wex Definitions Team]