Meaning & use

a counteroffer

noun·Everyday

Last updated

UK/ə ˈkaʊntər ˌɒfə/
US/ə ˈkaʊntər ˌɔːfər/

Meanings

  1. nouncountable

    An offer made in reply to another offer, usually changing the terms.

    Grammar: Countable; use a/an or the before it. Often appears in the phrase make a counteroffer.

    Patterns

    • make a counteroffer
    • a counteroffer to something
    • a counteroffer of an amount

    She made a counteroffer of $250,000 after the seller asked for $300,000.

    The company rejected our counteroffer and stuck to its original price.

    We are waiting for their counteroffer before we sign anything.

  2. nouncountablebusiness

    In a job situation, a higher offer from your current employer to persuade you to stay.

    Grammar: Countable; often used in the phrase accept a counteroffer.

    Patterns

    • accept a counteroffer
    • a counteroffer from an employer

    He got a counteroffer from his boss and decided to stay.

    She turned down the counteroffer because she wanted a new challenge.

    Companies sometimes use counteroffers to keep good employees.

Word forms

pluralcounteroffers

Common combinations

make a counteroffer
If you don't like the price, you can make a counteroffer.
accept a counteroffer
He accepted the counteroffer and stayed at his job.
reject a counteroffer
The seller rejected our counteroffer.
a counteroffer to something
Their counteroffer to the original deal was too low.

Synonyms and how they differ

counterbid
Used especially in auctions or competitive bidding; a counteroffer is more general for any reply to an offer.

Commonly confused: a counteroffer or offer?

a counteroffer vs offer

An offer is the first proposal; a counteroffer is a reply that changes it. Don't use counteroffer for the original offer.

Practice

After the landlord asked for $1,200 a month, we ___ of $1,100.

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