1. an offer made in response to another offer, typically proposing different terms
Usage: business; legal

1. to make an offer in response to another offer with different terms
Usage: business; legal

Examples

• The seller rejected our initial bid and made a counteroffer of $250,000.
• After reviewing the job offer, she decided to counteroffer with a higher salary request.
• The buyer’s counteroffer was $10,000 less than the asking price.
• We received three counteroffers from different companies.
• The negotiation continued as each side made counteroffers.
• He plans to counteroffer if the initial proposal doesn’t meet his expectations.
• The real estate agent advised them to consider the counteroffer carefully.