Angebot

Angebot is a German noun meaning offer or proposal, with broad use in everyday language, commerce, and law. In everyday use it denotes a price offer from a seller, a promotional deal, or a proposed service. In economics, Begriff also refers to supply—the quantity of goods or services that producers are willing to offer at a given price.

In civil law, an Angebot is a declaration of will by which one party invites another to conclude a contract on specified terms. For a valid Angebot, the terms should be sufficiently definite and the offer directed to a specific person or group. An Angebot binds the offeror for as long as it remains open and is not revoked, and a contract is formed when the recipient accepts the terms, typically within a stated time or within a reasonable period.

An important distinction is that an Angebot is not the same as an invitation to treat (invitatio ad offerendum). Advertisements, price lists, or catalogues generally do not create a binding obligation to contract unless they specify unequivocal terms or are otherwise legally binding.

In practice, An Angebot is also used to describe commercial proposals, such as special deals or bundles, sometimes with limited validity. The term is common in German-speaking countries; in Switzerland the equivalent term Offerte is frequently used.