MLchartDataset catalogue

Offer

Term · Insurance and risk management · MLC-T-INS-002396

A proposal made by one party to another, indicating a willingness to enter into a contract under specified terms. In insurance, an offer can be made by an applicant seeking coverage or by an insurer proposing a policy. Acceptance of the offer creates a binding agreement between the parties.

Table 1. Record
IdentifierMLC-T-INS-002396
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002396",
  "term": "Offer",
  "field": "Insurance and risk management",
  "definition": "A proposal made by one party to another, indicating a willingness to enter into a contract under specified terms. In insurance, an offer can be made by an applicant seeking coverage or by an insurer proposing a policy. Acceptance of the offer creates a binding agreement between the parties.",
  "url": "https://mlchart.com/terminology/insurance/offer/"
}

Record 2,367 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.