Simple Definition of counteroffer
: an offer that is made by someone in response to a previous offer
Full Definition of counteroffer
: a return offer made by one who has rejected an offer
Examples of counteroffer
He turned down the deal and came back with a counteroffer asking for more money.
First Known Use of counteroffer
Rhymes with counteroffer
Learn More about counteroffer
Britannica English: Translation of "counteroffer" for Arabic speakers
Seen and Heard
What made you want to look up counteroffer? Please tell us where you read or heard it (including the quote, if possible).