noun Civil Law.
an offer or promise not yet accepted by the person to whom it was made.

1520–30; < Latin pollicitātiōn- (stem of pollicitātiō) a promising, equivalent to pollicitāt(us) (past participle of pollicitārī to promise, frequentative of pollicērī to promise, literally, bid for, equivalent to pol- (assimilated variant of por- forth, forward, akin to per-) + licērī to bid) + -iōn- -ion

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