counterbid

English

Etymology

From counter- +‎ bid.

Pronunciation

• Rhymes: -ɪd

Noun

counterbid (plural counterbids)

1. (business) A bid made in response to a previous bid by another party
   • 2009 January 24, “Certicom rebuffs RIM, sells to VeriSign”, in Toronto Star‎^[1]:

     RIM didn't immediately respond to questions about whether it will return to the table with a friendly counterbid.

Translations

a bid made in response to a previous bid

• Polish: kontrpropozycja f, kontroferta f

Verb

counterbid (third-person singular simple present counterbids, present participle counterbidding, simple past and past participle counterbid)

1. To make a counterbid

Derived terms

• counterbidder