What Does BAFO Mean in a Text?
The Quick Answer
BAFO means "Best And Final Offer."More Observations...
BAFO is typically used by buyers at the end of a bartering process to state that there is no more room for negotiation. For example:- Tony: I'll give you £300.
- Jordan: It's £500.
- Tony: £400 BAFO.
- Jordan: No, sorry. It's £500.
- Client: A number of bids are close. Please send you BAFO by 1600 hrs.
Image for BAFO
When I write BAFO, I mean this:
BAFO means the negotiating is over.
Summary of Key Points
We have summarized the key points in the table below:BAFO | |
---|---|
Definition: | Best and Final offer |
Type: | Acronym and Abbreviation |
Guessability: | 3: Guessable |
Typical Users: | Adults |
Examples of BAFO in Sentences
Here is an example of BAFO in conversation:- Tony: I really want that painting. How much shall I bid?
- Jordan: Work out your BAFO and hope for the best.
- Tony: Yeah, thanks for that!
- Jordan: Happy to help. LOL.
An Academic Look at BAFO
BAFO is an acronym (i.e., an abbreviation spoken like a word). Acronyms differ from initialism abbreviations, which are pronounced using their individual letters.What Did We Say before Texting and Social Media?
Before the digital era, we might have said something like "my bottom line" instead of BAFO.Example of BAFO Used in a Text
BAFO
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