The instrument used to submit an offer, like a proposed offer to purchase.

Use proposition in a sentence

When my boss wanted to buy a new factory, the former owner made him submit a written proposition with the terms and conditions of the sale.

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We have received the first proposition, to purchase the old computer equipment, from a new small business that just opened down the street.

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The CEOs proposition to the smaller law firm was to buy the entire firm and incur the firm's debt while firing 20% of the small firm's staff.

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