tender status

USAGE SUMMARY

The phrase "tender status" is correct and usable in written English.
It can be used in contexts related to procurement, finance, or legal matters, often referring to the condition or classification of a tender or bid. Example: "The tender status of the project will be reviewed next week to determine if we can proceed with the next phase."

✓ Grammatically correct

News & Media

Wiki

Formal & Business

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

20 human-written examples

Legal tender status guarantees final settlement.

Encyclopedia Britannica

Legally the Bank of England is only required to give one month's notice of an intention to withdraw legal tender status.

The Guardian - Business

All notes that have been issued by the Bank whose legal tender status has been withdrawn are covered by its "promise to pay".

The Guardian - Business

After Wednesday only the £50 note featuring Matthew Boulton and James Watt, which was introduced in November 2011, will hold legal tender status.

The Guardian - Money

From April 30, only the £50 note which celebrates the 18th century business partnership of entrepreneur Matthew Boulton and engineer James Watt, who helped forge the Industrial Revolution, will hold legal tender status, the Bank of England said.

The Guardian - Business

Of course, many might remark that developed world currencies have no metallic backing and so exist on faith as well; however they do have legal tender status and have the (admittedly impaired) implied backing of the tax-raising powers of their governments.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

40 human-written examples

Once you get out of the lame-o world of agency bureaucrats saying that this is the law, and into the statute books and the high court rulings, the Constitutional specifications that gold and silver coins have the same legal tender and denomination status as any U.S. money shine through every time.

Forbes

A systematic review and meta-analysis of cognitive-behavioral and psychoeducational interventions found 25 trials of sufficient quality to analyze for pooled effects on 6 outcomes of interest (pain, disability, tender joints, psychological status, coping and self efficacy) [ 35].

Arthritis Research and Therapy

All patients received a standardized rheumatologic CE of the 28 joints included in the Disease Activity Score 28 (DAS28, [ 30]) by one of the authors (V.S. or W.H). using a bimanual technique, documenting tender and swollen status for each joint.

Arthritis Research and Therapy

That fits with China's ambition to turn its money into globally accepted tender that matches its status as the world's second-biggest economy.

The New York Times

In a separate television appearance, Mr. Fyodorov said the Government should again make the American dollar legal tender in Russia, a status it had in the first years after the collapse of Communism.

The New York Times

Expert writing Tips

Best practice

When discussing financial instruments or currencies, clarify whether the "tender status" is 'legal tender' meaning it is officially recognized for debt settlement.

Common error

Avoid confusing "tender status", which describes the state of a bid or currency, with "tender offer", which is a formal proposal to buy shares. Use "tender status" to describe the validity or stage of a tender process and "tender offer" for acquisition proposals.

Linguistic Context

The phrase "tender status" primarily functions as a noun phrase, where "tender" acts as an adjective modifying the noun "status". This indicates the condition or position of something being tendered, as supported by Ludwig's analysis and the provided examples.

Expression frequency: Common

Frequent in

News & Media

45%

Wiki

20%

Formal & Business

15%

Less common in

Science

10%

Encyclopedias

5%

Academia

5%

Ludwig's WRAP-UP

In summary, "tender status" is a noun phrase that describes the condition or legal standing of a tender, bid, or currency. Ludwig AI indicates that the phrase is grammatically correct and commonly used. It appears most frequently in news and media, wiki, and formal business contexts. Related phrases include "bid status" and "offer status". Key writing guidance includes avoiding confusion with "tender offer" and clarifying "legal tender" when discussing currency. Understanding "tender status" is crucial for clear communication in finance, law, and procurement. Ludwig's analysis confirms its broad applicability and contextual nuances.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

bid status

Focuses on the state of a bid in a competitive process.

offer status

Emphasizes the condition of an offer, particularly in business contexts.

application status

Refers to the stage of an application in a review process.

legal standing

Highlights the legal validity or position of something.

validation status

Indicates whether something has been officially approved or recognized.

regulatory status

Concerns the compliance or position under regulatory requirements.

approved status

Suggests that something has received official approval.

acceptance status

Focuses on whether something has been accepted or not.

condition of tender

Refers to the specific conditions or requirements associated with a tender.

phase of the bid

Highlights at which phase a specific bid is in time.

FAQs

What does it mean for currency to have "tender status"?

When a currency has "tender status", it means it is legally recognized as a valid form of payment for debts within a particular jurisdiction. Legal "tender status" is typically conferred by a government.

How does "tender status" affect the value of a currency?

Legal "tender status" can help anchor the value of a currency by ensuring it is widely accepted for transactions and that governments back it. This is explained by Ludwig in its analysis.

What happens when a currency loses its "tender status"?

When a currency loses its legal "tender status", it may no longer be required to be accepted as payment for debts, though it may still have some value or be exchangeable. An example is that of currencies that, after they expire, can still be exchanged to new valid currencies.

What is a synonym for "tender status" in the context of bidding?

In the context of bidding or procurement, a synonym for "tender status" could be "bid status" or "offering status", reflecting the current state or condition of the submission.