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What Does BAFO Mean?BAFO means "Best And Final Offer." 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 BAFOWhen I write BAFO, I mean this: BAFO means the negotiating is over.
Summary of Key Points"Best and Final offer" is the most common definition for BAFO on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
|Definition:||Best and Final offer|
|Type:||Acronym and Abbreviation|
Examples of BAFO in SentencesHere is an example of BAFO being used 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 BAFOBAFO 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
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