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Proposal

Type: noun

Pronunciation: /pruh-poh-zul/

Also spelled or known as: Business Proposal

Plural: Proposals

Related: Offer, Counterproposal

What does Proposal mean? A formal or informal presentation outlining suggested terms, pricing, services, partnerships, investments, licensing arrangements, or other business opportunities.

Proposals may precede negotiations or legally binding agreements.

Proposal synonyms: Business Proposal, Pitch, Formal Proposal

Example sentence: “The agency submitted a proposal for the branding project.”

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