1. A presenting of something for acceptance.
2. An undertaking to do an act or give something on condition that the party to whom the proposal is made do some specified act or make a return promise.
3. What the Red Sox have reportedly made to Mark Teixeira, comprising an unknown number of years and dollars, perhaps a morsel of food or simply a request that Scott Boras kiss Theo Epstein's non-gullible keister.