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Counterbid

noun, verb

Definitions

Noun
  1. 1
    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."

Verb
  1. 1
    To make a counterbid

Etymology

Etymology 1

From counter- + bid.

Etymology 2

From counter- + bid.

See also for "counterbid"

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