Counter-Offer
Type: noun
Pronunciation: /kown-ter-aw-fer/
Also spelled or known as: Counterproposal
Plural: Counter-Offers
What does Counter-Offer mean? A response rejecting an original offer while proposing different contractual terms.
A counter-offer generally terminates the original offer unless otherwise agreed.
Counter-Offer synonyms: Counterproposal, Revised Offer, Negotiated Offer
Example sentence: “The artist submitted a counter-offer requesting higher royalties.”
PRE-ORDER RECORDING BUSINESS DICTIONARY