The term 'CASH OFFERS' can be summarized by the four-letter word 'BIDS'. BIDS are offers of money that are made in order to purchase something. They are usually made in an auction or other competitive environment, where the highest bidder wins the item. BIDS can also be used in other contexts, such as when a company is making an offer to buy another company. In this case, the company making the offer is offering cash for the purchase.