firm offer

noun

Legal Definition of firm offer

: a binding written offer to buy or sell that cannot be revoked for a stipulated period of time or for a reasonable time that in no event exceeds three months

Learn More about firm offer

Cite this Entry

“Firm offer.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/firm%20offer. Accessed 30 Oct. 2020.

Comments on firm offer

What made you want to look up firm offer? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Here Be Dragons: A Creature Identification Quiz

  • monster werewolf photo
  • Which is a synonym of werewolf?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!