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ALL meanings of counterbid

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  • countable noun counterbid A counterbid is a bid that is made in response to a bid from another person or group, offering the seller more advantages. 3
  • noun counterbid a bid made in response to a bid from another party, offering more favourable terms to the seller 3
  • noun counterbid (business) A bid made in response to a previous bid by another party. 1
  • verb counterbid To make a counterbid. 0
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