Definitions for "COUNTEROFFER"
Keywords:  reject, offeror, offeree, reply, offer
Rejection of an offer to buy or sell, with a simultaneous substitute offer.
An answer to an offer, which changes certain terms of the original offer. Making a counteroffer, at law, entails rejection of the original offer.
In real estate, a counter offer is the rejection of one offer and the substitution of another as part of the negotiation for property.
an inducement from your current employer to get you to stay after you've announced your intention to take another job