Definition, Meaning & Synonyms

offeree

noun

/ˌɔːfəˈriː/

Definition

The person or party to whom an offer is made in a contract negotiation.

Examples

In the agreement, the offeree must respond to the offer within a specified time frame.
If the offeree accepts the proposal, a legally binding contract is formed.

Meaning

In the context of contract law, the offeree is the individual or group that receives the proposed terms of a contract from the offeror. The offeree has the power to accept, reject, or counter the offer.