What is TENDER OF PAYMENT?

An offer that is without conditions to pay a debt that is lieu of the actual payment.

More On This Topic
  1. Nine Debt Collector Tactics That Violate The Federal Debt Collections Practices Act
  2. Legalities Of Bitcoin And Other Cryptocurrency
  3. Understanding the 4 Types of Notes Payable To Banks
  4. Best Way To Write A Lease-To-Own Contract
  5. What is FED MED/EE Tax?
  6. What Is Contract Law?
  7. Does Filing Bankruptcy Release You From a Small Claims Judgment?
  8. How Badly Will Late Mortgage Payments Affect My Credit Score?
  9. How To Stop My Wages From Being Garnished
  10. Understanding Disclosure Law and the “Structured Settlement Protection Act” When Assessing Structured Settlement Offers

Related Legal Terms
LEGAL TENDER, SHORT TENDER, TENDER, TENDER OFFER, NONCOMPETITIVE TENDER, PARTIAL PAYMENT, TENDER OF PERFORMANCE, PLEA OF TENDER, CREEPING TENDER, TENDER OF AMENDS


Link to This Definition
Did you find this definition of TENDER OF PAYMENT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary