an offer made as an answer to another offer that you do not want to accept, for example an offer by the seller of a higher price than was offered by the buyer, but lower than the first price that was asked
The vendorquickly came back with a counteroffer.
Synonyms and related words
To offer something and offers
offer
present
proffer
counteroffer
noun countable business
US /ˈkaʊntərˌɔfər/
Word Forms
singular
counteroffer
plural
counteroffers
DEFINITIONS1
1
an offer made as an answer to another offer that you do not want to accept, for example an offer by the seller of a higher price than was offered by the buyer, but lower than the first price that was asked