noun

1. A proposal that has been made.

   “I decline your offer to contract.”

2. Something put forth, bid, proffered or tendered.

   “His offer was $3.50 per share.”

3. An invitation to enter into a binding contract communicated to another party which contains terms sufficiently definite to create an enforceable contract if the other party accepts the invitation.

   “His first letter was not a real offer, but an attempt to determine interest.”