counteroffer - definition and synonyms

noun [countable] business 

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/ˈkaʊntə(r)ˌɒfə(r)/
singularcounteroffer
pluralcounteroffers
  1. an offer made as an answer to another offer that you do not want to accept, for example an offer by the seller of a higher price than was offered by the buyer, but lower than the first price that was asked

    The vendor quickly came back with a counteroffer.