counter offer

Definition of "counter offer"
  1. A response to an original offer during contract negotiations, which immediately rejects the previous offer and necessitates acceptance under its terms for a contract to exist
How to use "counter offer" in a sentence
  1. The seller proposed a counter offer of a reduced price but with immediate payment.
  2. In response to the initial deal, the company made a counter offer with more favorable terms.
  3. We received a counter offer, which lowered the purchase price but required earlier payment.

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