Counterbid
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Counterbid is a noun meaning (business) A bid made in response to a previous bid by another party.
Meaning
(business) A bid made in response to a previous bid by another party.
More Meanings
- To make a counterbid
Example Sentences
RIM didn't immediately respond to questions about whether it will return to the table with a friendly counterbid.
Word Forms
- counterbids
- counterbidding
Related Words
Related dictionary entries include counterdemand, bidding, megabid, counterchange, counterpurchase, countertrade.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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