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A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...
Antichristus, [1] a woodcut by Lucas Cranach the Elder of the pope using the temporal power to grant authority to a ruler contributing generously to the Catholic Church. Quid pro quo (Latin: "something for something" [2]) is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; "a favor for a favor".
A request for information (RFI) is a common business process whose purpose is to collect written information about the capabilities of various suppliers. [1] Normally it follows a format that can be used for comparative purposes. An RFI is primarily used to gather information to help make a decision on what steps to take next.
Synecdoche is a rhetorical trope and a kind of metonymy—a figure of speech using a term to denote one thing to refer to a related thing. [9] [10]Synecdoche (and thus metonymy) is distinct from metaphor, [11] although in the past, it was considered a sub-species of metaphor, intending metaphor as a type of conceptual substitution (as Quintilian does in Institutio oratoria Book VIII).
A request for proposal (RFP) is a form of reverse auction that solicits a business proposal by an organisation interested in the procurement of a service or product from potential suppliers. [1] It is usually part of a complex sales process, and made through a bidding process.
The proposed association usually has a commercial business purpose (for example, for a joint venture or for use in the voluntary sector). [3]Instead of describing in detail the specifications of a product (as a request for quotation does), a RFA focuses on the mutual benefits that both parties would obtain from their alliance: "...engages the potential sponsor in thinking about how your ...
A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker or seller at risk of legal action. Product recalls are one of a number of corrective actions that can be taken for products that are deemed to be unsafe.
A synonym is a word, morpheme, or phrase that means precisely or nearly the same as another word, morpheme, or phrase in a given language. [2] For example, in the English language , the words begin , start , commence , and initiate are all synonyms of one another: they are synonymous .