offeror
nounUS /ˈɔfəɹɚ/ · UK /ˈɒfəɹə/
Etymology From offer + -or.
1
One who makes an offer to another; someone who presents something to another for acceptance or rejection.
- A unilateral contract consists of a promise on the part of the offeror and performance of the requisite terms by the offeree.
- Acceptance of the offer terminates the power of revocation that the offeror ordinarily has.