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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Tendering

Definition:

Tendering is what the government does when they invite bids for a project. It's also what happens when shareholders hand over their securities or shares for a takeover. Shareholders who want to see the change that the takeover promises will pony up their shares. If enough shares are submitted or tendered, the takeover can happen.