ten·der 2 
(tĕndər)
(tĕndər)n.
1. A formal offer, as:
a. Law An offer to pay the amount due under a debt or obligation.
b. A written offer to contract goods or services at a specified cost or rate; a bid.
2. Something, especially money, offered in payment.
tr.v. ten·dered, ten·der·ing, ten·ders
1. To offer formally: tender a letter of resignation.
2. Law To offer (payment or performance) pursuant to an obligation.
[From French tendre, to offer, from Old French, from Latin tendere, to hold forth, extend; see ten- in the Appendix of Indo-European roots.]
tender·er n.