counterbids
/ˈkaʊntərˌbɪdz/
noun
- Plural of counterbid; multiple bids made in response to other bids.
- The company received counterbids from three different investors.
- The auction saw several counterbids before the painting sold.
- After the initial offer, there were two counterbids, each higher than the last.
verb
- Third person singular present of counterbid; makes a bid in response to another bid.
- The dealer counterbids quickly to secure rare antiques.
- She always counterbids when someone tries to buy her favorite items at auction.
- He counterbids only when the price is reasonable.