initial offer
[ɪˈnɪʃəl ˈɒfər]
nounpl: initial offers
oferta inicial
1. The first proposal or bid made by one party to another in a negotiation, transaction, or business deal
The buyer made an initial offer of $250,000 for the house.
O comprador fez uma oferta inicial de R$ 250 mil pela casa.
2. A company's first public offering of stock to investors
The tech startup's initial offer was oversubscribed within hours.
A oferta inicial da startup de tecnologia foi sobrescrita em poucas horas.
3. The opening proposal in a negotiation that serves as a starting point for discussion
Both parties agreed that the initial offer was reasonable and worth discussing further.
Ambas as partes concordaram que a oferta inicial era razoável e valia a pena discutir mais.
In Brazilian business culture, the initial offer is typically expected to have some negotiation room built in, especially in real estate and commercial transactions. It's considered part of the negotiation process rather than a final price. In the United States, particularly in formal business and investment contexts, the initial offer may be more carefully calibrated and closer to expected final terms. The term is widely used in IPO contexts across both cultures.
Related Idioms & Phrases
ball is in your court after the initial offer
break the ice with an initial offer
start the bidding with an initial offer
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