backup offer
Definition
Use backup offer in a sentence
“ We were beaten to the punch on buying the shop space we wanted, but we have submitted a backup offer and are hopeful it will pan out. ”
“ Joe put a backup offer in on the old Victorian, yet it wasn't his first choice, it was low enough that he'd consider it if the current holder backed off the deal. ”
“ John and Mary were not the first to make a bid on the house but hoped the first buyer's financing would fall through so their backup offer would be accepted by the sellers. ”