counteroffer

noun

coun·​ter·​of·​fer ˈkau̇n-tər-ˌȯ-fər How to pronounce counteroffer (audio)
-ˌä-fər
: a return offer made by one who has rejected an offer

Examples of counteroffer in a Sentence

He turned down the deal and came back with a counteroffer asking for more money.
Recent Examples on the Web The share of workers who reported being actively recruited—and the share who fielded counteroffers from their old jobs—both hit historic highs, ZipRecruiter found, which is a testament to workers’ enduring upper hand. Jane Thier, Fortune, 3 Apr. 2024 The federal government is negotiating this week with pharmaceutical companies on the prices of the first 10 drugs, and companies are expected to submit counteroffers soon. Bo Erickson, CBS News, 6 Mar. 2024 Hamas made a counteroffer with specific terms, as NBC News reported Wednesday, but that response does not mention anything about exile for Sinwar or an end to the Hamas government. Anna Schecter, NBC News, 7 Feb. 2024 So the companies have about a month to give us a counteroffer. ABC News, 1 Feb. 2024 Companies have until March 2 to either accept the government’s offer or propose a counteroffer. Rachel Cohrs, STAT, 1 Feb. 2024 The proposal by Stellantis, formerly Fiat Chrysler, is a counteroffer to the UAW, which is seeking much heftier pay bumps. CBS News, 8 Sep. 2023 Israeli officials are discussing the counteroffer on Wednesday and will hold war cabinet and security cabinet meetings on Thursday, the Israeli official told CNN. Abeer Salman, Ibrahim Dahman and Tim Lister, CNN, 7 Feb. 2024 If a requested premium increase exceeds 7%, the commission typically replies with a counteroffer based on its calculations of the insurer’s risks. Karen Garcia, Los Angeles Times, 18 Dec. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'counteroffer.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1788, in the meaning defined above

Time Traveler
The first known use of counteroffer was in 1788

Dictionary Entries Near counteroffer

Cite this Entry

“Counteroffer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/counteroffer. Accessed 27 Apr. 2024.

Legal Definition

counteroffer

noun
coun·​ter·​of·​fer ˈkau̇n-tər-ˌȯ-fər How to pronounce counteroffer (audio)
: an offer that is made in response to another and that has additional or differing terms

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

counteroffer intransitive verb

More from Merriam-Webster on counteroffer

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