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    #1

    tender = ? bids = ?

    Context:

    "The tender, for which bids are due by June 10, switches the transaction back to dollars -- the international currency of oil sales - despite the greenback's recent fall in value. Saddam Hussein in 2000 insisted Iraq's oil be sold for euros, a political move, but one that improved Iraq's recent earnings thanks to the rise in the value of the euro against the dollar." [2]

    More:

    The Real Reasons Why Iran is the Next Target:

  1. BobK's Avatar
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    #2

    Re: tender = ? bids = ?

    Have you tried a dictionary? Neither 'tender' nor 'bid' is particularly obscure.

    b

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    #3

    Re: tender = ? bids = ?

    Quote Originally Posted by BobK View Post
    Have you tried a dictionary? Neither 'tender' nor 'bid' is particularly obscure.

    b
    Of course I did before posting. But I was overwhelmed by so many definitions from my E-C, E-E dicts...

  2. 5jj's Avatar
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    #4

    Re: tender = ? bids = ?

    There are only three definitions of the noun ‘tender’here: Definition of tender | Collins English Dictionary

    Only the first two definitions of the noun ‘bid’ here can be relevant: Definition of bid | Collins English Dictionary

    That should make things easier.

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