counteroffer

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noun coun·ter·of·fer \-ˌȯ-fər, -ˌä-fər\

Definition of counteroffer

  1. :  a return offer made by one who has rejected an offer

Examples of counteroffer in a sentence

  1. He turned down the deal and came back with a counteroffer asking for more money.

1788

First Known Use of counteroffer

1788


COUNTEROFFER Defined for English Language Learners

counteroffer

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noun coun·ter·of·fer \-ˌȯ-fər, -ˌä-fər\

Definition of counteroffer for English Language Learners

  • : an offer that is made by someone in response to a previous offer


Law Dictionary

counteroffer

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noun coun·ter·of·fer \ˈkau̇n-tər-ˌȯ-fər\

Legal Definition of counteroffer

  1. :  an offer that is made in response to another and that has additional or differing terms

counteroffer

intransitive verb

Additional Notes on counteroffer

Under common law, a counteroffer does not constitute an acceptance of an offer and is often considered a rejection of the offer.


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