Examlex
TPM (total productive maintenance) is an application of TQM (total quality management) principles to the area of maintenance.
Offeror
The party in a contract negotiation that presents the terms of the agreement to the offeree for acceptance.
Subject Matter
The substance or core topic addressed in a document, conversation, or area of study.
Offeree's Counteroffer
A response to an original offer in which the offeree proposes a different agreement, effectively rejecting the initial offer.
Offeror's Revocation
The withdrawal of an offer by the offeror that can occur any time before it is accepted by the offeree, terminating the offer.
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