cost of tender

Definition of "cost of tender"
  1. The total expenses involved when a physical commodity is verified and delivered as per a futures contract
How to use "cost of tender" in a sentence
  1. The company accounted for the cost of tender while planning its budget.
  2. Unexpected complications with certification increased the cost of tender.
  3. The high cost of tender might make the futures contract less profitable.
Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z