counteroffer
B1CEFR level
40/100Rarity: uncommon
TechnicalRegister
Law noun
A response to an offer that varies its terms, which rejects the original offer and puts forward a new one.
By proposing a longer payment period the supplier made a counteroffer, so the original quote lapsed.
Business noun
A revised proposal made in reply to one that has been rejected.
They came back within the hour with a counteroffer twelve percent below our ask.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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