Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun An offer made in return by one who rejects an unsatisfactory offer.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun An offer made in reply to an unacceptable offer
  • verb To offer as a counteroffer.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun an offer made by someone who has rejected a prior offer

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

counter- +‎ offer

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