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Offer and acceptance
Offer and acceptance Two essential components of a valid contract; a "meeting of the minds."
RELATED TERMS--------------------------------------
Valid
A binding situation that is authorized and enforceable by law.
Contract
A legal agreement between entities that requires each to conduct (or refrain from conducting) certain activities.
SIMILAR TERMS--------------------------------------
Offenbach am Main property
Property in Offenbach am Main, Germany. Apartments, flats, houses, offices and other property in Offenbach am Main.
Offer
A proposal to purchase property at a specified price and terms.
Offer to purchase agreement
The agreement between a buyer and seller for a certain price and terms usually dependent on conditions being satisfied.
Offeree
The person to whom an offer is made - usually the owner.
Offeror
The party who makes an offer - usually the buyer.
PREVIOUS AND NEXT TERMS--------------------------------------
Occupancy cost
Charge to tenant, pursuant to its lease, such as rent, operating expense increases, parking charges, moving expenses, remodeling costs, etc.
Occupancy permit
A permit issued by the appropriate local governing body to establish that the property is suitable for habitation by meeting certain safety and health standards.
Occupational Safety and Health Act (OSHA)
Congress created OSHA under the Occupational Safety and Health Act, which was signed by President Richard M. Nixon on December 29, 1970. OSHA's mission is to prevent work-related injuries, illnesses and deaths.
Odd and even years
(Relating to Time-Shares) Timeshare ownership usage every other year - some odd-numbered, some even.
Offer
A proposal to purchase property at a specified price and terms.
Offer and acceptance
Offer to purchase agreement
The agreement between a buyer and seller for a certain price and terms usually dependent on conditions being satisfied.
Offeree
The person to whom an offer is made - usually the owner.
Offeror
The party who makes an offer - usually the buyer.
Office of Comptroller of the Currency
Known as OCC, it charters, regulates and supervises all national banks and it also supervises all federal branches and agencies of foreign banks.
Office of Thrift Supervision
A bureau of the U.S. Treasury Department established in August 1989. OTS has the authority to charter federal Thrift Institutions and serves as the primary regulator of approximately 2,000 federal and state chartered thrifts.
This dictionary contains 6433 terms. |
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