tender, legal

tender, legal,

n coin or money that the law compels a creditor to accept in payment of a debt when offered by the debtor in the right amount.
References in periodicals archive ?
To participate in an open tender, legal entities and individuals are allowed, including individual entrepreneurs who submitted relevant documents.
Submission of proposals Eligibility Criteria : To participate in the tender, legal or natural persons, including individual entrepreneurs, who meet the following requirements are allowed: