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counterbid

British  
/ ˈkaʊntəˌbɪd /

noun

  1. a bid made in response to a bid from another party, offering more favourable terms to the seller

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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See Examples For:

Metsera seems to be using Novo’s offer as leverage to extract a sweeter deal, and under the merger terms, Pfizer has until Tuesday to counterbid.

From The Wall Street Journal Nov. 2, 2025

"We think that this is a knock-out bid," Peel Hunt analysts said, adding they were not expecting any counterbid.

From Reuters Nov. 16, 2023

We think a Southeastern counterbid would be difficult to complete without Michael Dell’s involvement.

From Forbes Mar. 7, 2013

Photograph: Rex Features Penguin's chief executive has ruled out accepting a counterbid from Rupert Murdoch's News Corporation, which owns rival publisher HarperCollins, saying that its venture with Bertelsmann's Random House is a done deal.

From The Guardian Oct. 29, 2012

Burton waited for the counterbid that wouldn’t come.

From "Moon Over Manifest" by Clare Vanderpool

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