Define counteroffer. counteroffer synonyms, counteroffer pronunciation, counteroffer translation, English dictionary definition of counteroffer. n. An offer made in return by one who rejects an unsatisfactory offer. American Heritage® Dictionary of th
The meaning of COUNTEROFFER is a return offer made by one who has rejected an offer. How to use counteroffer in a sentence.
Counteroffer definition: an offer or proposal made to offset or substitute for an earlier offer made by another.. See examples of COUNTEROFFER used in a sentence.
The meaning of COUNTEROFFENSIVE is a large-scale military offensive undertaken by a force previously on the defensive. How to use counteroffensive in a sentence.
offer and may change the terms of the deal, including the price. The price may be greater or less than what was originally quoted, depending on who makes it. So if the person receiving the original offer doesn’t accept or reject it, they may decide to renegotiate with a counteroffer. ...
In dealings with a counterparty, there is an innate risk that one of the entities involved will not fulfill their obligation. This is especially true forover-the-counter(OTC) transactions. Examples include the risk that a vendor will not provide a good or service after the payment is processed...
2.To make an offer or proposal, especially of marriage. 3.To present itself:"This plan was dropped, because of its risk, and because a better offered"(T.E. Lawrence). 4.BaseballTo swing at a pitch. Used of a batter. n. 1.The act of offering:an offer of assistance. ...
In offers between merchants, a counteroffer may constitute acceptance of the original offer. Courts often hold that a contract is created when the facts show that two merchants agreed to make a sale but the recipient of the offer added terms to the agreement. In many such cases, a contract...
An offer in contract law must reflect the clear intention to be legally bound. For an offer to form a binding contract, it must be accepted unconditionally by the offeree. Offers can be terminated through revocation, rejection, counteroffers, or the passage of time, among other factors. Wha...
• An offer that is “accepted,” but with changes in some of the terms or conditions, is a counteroffer and is not an acceptance. A counteroffer is a new offer that must be accepted or rejected. The old offer may not be resurrected at that point. • Aproperty auctioned without re...