Define: Proposal

Business, Legal & Accounting Glossary

Definition: Proposal


Quick Summary of Proposal


A plan or offer coming from a seller to a buyer, giving the details that the buyer will need to make a decision.



What is the dictionary definition of Proposal?

Dictionary Definition


A plan or suggestion, especially a formal or written one, put forward for consideration or discussion by others.

  1. That which is proposed, or propounded for consideration or acceptance; a scheme or design; terms or conditions proposed; offer; as, to make proposals for a treaty of peace; to offer proposals for erecting a building; to make proposals of marriage.
  2. legal The offer by a party of what he has in view as to an intended business transaction, which, with acceptance, constitutes a contract.

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Examples of Proposal in a sentence


Part of the investor’s proposal was that the company move its main production facility to the coast to be closer to the shipping facilities.
The downtown retailer’s association made a proposal to the city for improving pedestrian traffic on the mall.



Cite Term


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Page URL
https://payrollheaven.com/define/proposal/
Modern Language Association (MLA):
Proposal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 08, 2020 https://payrollheaven.com/define/proposal/.
Chicago Manual of Style (CMS):
Proposal. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/proposal/ (accessed: April 08, 2020).
American Psychological Association (APA):
Proposal. PayrollHeaven.com. Retrieved April 08, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/proposal/

Definition Sources


Definitions for Proposal are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February, 2020