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Business English vocabulary · Negotiations

Counteroffer

Meaning in business english, with examples

/ˈkaʊntərˌɔːfər/nounCommon term

In business english, counteroffer means: A new offer made in reply to an offer you have received, usually with a different price or different conditions.

In Turkish: karşı teklif

How it is used

You make, receive, accept or reject a counteroffer. Also written counter-offer, especially in the UK. Common in sales, purchasing, property and job offers, for example when an employer tries to keep someone who has resigned.

Example sentences

  1. They rejected our first offer, but they came back with a counteroffer of €48,000.

  2. We'll discuss their counteroffer internally and reply by Friday.

Common collocations

  • make a counteroffer
  • accept a counteroffer
  • reject a counteroffer
  • come back with a counteroffer
  • negotiateTo discuss something formally with another side in order to reach an agreement both can accept, for example on price or contract terms.
  • proposalA formal plan or offer, written or spoken, that is put forward for others such as a client or management to consider and accept.
  • concessionSomething that one side agrees to give up or allow during a negotiation in order to reach an agreement.
  • on the tableOffered or available for discussion in a negotiation or meeting; something that is 'off the table' is no longer being considered.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Negotiations

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