Counter Offer Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Counter Offer, written in plain English, along with examples of how it is used.
What is Counter Offer?
An offer made in response to an original offer which some changes in the offer thereby terminating the original offer unless it is mentioned in the counter offer that the original offer will not be termninated. Eg – A offer to sell its TV at $ 200, to B. B counter offers the price with $ 150 thereby rejecting the previous original offer of $200 by A.