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.


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

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

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

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