'Tender of issue' definitions:
Definition of 'Tender of issue'
From: GCIDE
- Tender \Ten"der\, n.
- 1. (Law) An offer, either of money to pay a debt, or of service to be performed, in order to save a penalty or forfeiture, which would be incurred by nonpayment or nonperformance; as, the tender of rent due, or of the amount of a note, with interest. [1913 Webster]
- Note: To constitute a legal tender, such money must be offered as the law prescribes. So also the tender must be at the time and place where the rent or debt ought to be paid, and it must be to the full amount due. [1913 Webster]
- 2. Any offer or proposal made for acceptance; as, a tender of a loan, of service, or of friendship; a tender of a bid for a contract. [1913 Webster]
- A free, unlimited tender of the gospel. --South. [1913 Webster]
- 3. The thing offered; especially, money offered in payment of an obligation. --Shak. [1913 Webster] [1913 Webster]
- Legal tender. See under Legal.
- Tender of issue (Law), a form of words in a pleading, by which a party offers to refer the question raised upon it to the appropriate mode of decision. --Burrill. [1913 Webster]