counterbid
verbEtymology From counter- + bid.
1
To make a counterbid
- Derived terms
- counterbidder
counterbid
nounEtymology From counter- + bid.
1
Business A bid made in response to a previous bid by another party
- RIM didn't immediately respond to questions about whether it will return to the table with a friendly counterbid.2009 January 24, “Certicom rebuffs RIM, sells to VeriSign”, in Toronto Star: