counteroffer
/ˈkaʊntərˌɔfər/
noun
- An offer made in response to another offer, changing some of its terms.
- The seller rejected my first bid and made a counteroffer of $15,000.
- After negotiating, we received a counteroffer from the other company.
- She decided to accept the counteroffer because it included better benefits.
Synonyms
verb
- To make a counteroffer in response to an initial offer.
- He will counteroffer if the terms of the contract are not acceptable.
- I decided to counteroffer with a lower price for the used car.
- The union plans to counteroffer after the company's initial proposal.