This is the 461st most frequent Icelandic word.
tilboð
"Tilboð" means "offer" or "discount" in English.
Here, 'tilboð' refers to an economical or beneficial deal or discount available for a product.
Í matvörubúðinni er gott tilboð á ostum.
In the grocery store, there is a good offer on cheeses.
In this context, 'tilboð' refers to a proposal or suggestion someone presents for consideration.
Við ákváðum að taka tilboði þeirra um aðstoð.
We decided to accept their offer of assistance.
Here, 'tilboð' indicates a proposal to pay a certain amount for something being sold, such as a bid or offer.