Counteroffering
/ˌkaʊntərˈɒfərɪŋ/
Definitions
- (n.) The act of making a counteroffer in negotiations, proposing different terms in response to an offer.
The buyer's counteroffering prompted the seller to reconsider the contract terms.
Forms
- counteroffer
Related terms
See also
Commentary
As a gerund noun form of 'counteroffer,' 'counteroffering' specifically denotes the act or process of making a counteroffer in legal negotiations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.