counteroffered
Counteroffered refers to the act of responding to an initial offer with an alternative proposition during negotiations. The term is used across business contexts, including sales, real estate, and employment. The person who makes the response is a counterofferor, and the party who received the original offer remains the offeror unless they accept, reject, or further counter.
In contract law, a counteroffer usually operates as a rejection of the original offer and creates a
Examples: If a seller offers a vehicle for 10,000, a buyer replies with 9,000 or with different
Employment negotiations commonly involve counteroffers to salary, benefits, or start date. A candidate may propose a
Practical notes: document the terms in writing, specify expiration dates, and consider the timing of responses.