The meaning of proffer

Solution 1:

A proffer is an initial (first) offer, or one made at the start of negotiation. There are additional, legal senses of the word (see http://en.wikipedia.org/wiki/Proffer), but that is the distinction I would make for ordinary usage.

Also "implies voluntary action motivated especially by courtesy or generosity", as in (thanks to @horatio)

proffer an apology