Tender Law & Legal Definition
Tender is a term that is subject to different definitions. In one sense it means to offer payment to another. It may also mean to present an unconditonal offer to enter into a contract with someone. Tender of delivery may be made to someone, but the recipient has the option not to accept the tender. However, the act of tender completes the responsibility of the person making the tender.
Generally, an offer in writing to pay a particular sum of money or to deliver a written instrument or specific personal property is, if not accepted, equivalent to the actual production and tender of the money, instrument or property. The person to whom a tender is made must at that time specify any objection the person may have to the money, instrument or property or the person shall be deemed to have waived it.
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