Jan 07 , 2016

Tampa School of Real Estate

Counteroffer

Definition:  A rejection of the original offer by proposing a new offer, thereby terminating the original offer.

Pronunciation:   \ˈkau̇n-tər-ˌȯ-fər, -ˌä-fər\

Used in a Sentence:   The seller rejected the initial offer and came back with a counteroffer.

C