counteroffer

[ koun-ter-aw-fer, -of-er, koun-ter-aw-fer, -of-er ]
/ ˌkaʊn tərˈɔ fər, -ˈɒf ər, ˈkaʊn tərˌɔ fər, -ˌɒf ər /

noun

an offer or proposal made to offset or substitute for an earlier offer made by another.

Origin of counteroffer

First recorded in 1780–90; counter- + offer

Words nearby counteroffer

countermelody, countermigration, countermine, countermove, counteroffensive, counteroffer, counteropening, counterpane, counterpart, counterparty, counterparty risk

Example sentences from the Web for counteroffer

British Dictionary definitions for counteroffer

counteroffer
/ (ˈkaʊntərˌɒfə) /

noun

a response to a bid in which a seller amends his original offer, making it more favourable to the buyer