an offer that is higher than a previous one, for example when more than one company is trying to take control of another company:
• Celebrity voted to accept the RCI bid, despite a counter-offer of $525 million from Carnival Corp.
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counter-offer UK US (also counteroffer) noun [C]
► COMMERCE, FINANCE COUNTER-BID(Cf. ↑counter-bid): »
Shares rose by 10.5p as speculation mounted of a counter-offer.
»The state's power providers made a counter-offer of $700 million.
► an offer that is made by one side in a disagreement after the other side has made an offer that is not acceptable: »
Negotiations broke down after a demand for $12 million was met with a counteroffer of $8 million.
► HR a situation in which a company or organization offers an employee more money or a better job in order, for example, to try to prevent them moving to another company or organization where they have been offered a job: »
When they realized that he was about to quit, they made a counter-offer, which he politely rejected.
Financial and business terms. 2012.