1. offers made in response to previous offers, typically proposing different terms
Usage: business; legal; plural form

Examples

• The company received three counteroffers after their initial bid was rejected.
• Both parties exchanged counteroffers before reaching an agreement.
• The real estate agent advised her client to consider the counteroffers carefully.
• After reviewing the counteroffers, they decided to accept the highest one.
• The negotiation involved several rounds of counteroffers.
• His counteroffers were all below the asking price.