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English Fox - English Dictionary
Meaning of
counterbid
in English
counterbid
#uncommon
Definitions
Noun
a
responsive
bid
made
by
another
party
(
in
business
)
The
company
made
a
counterbid
to
acquire
the
rival
firm
.
Verb
to
make
a
competing
offer
;
respond
to
a
bid
They
decided
to
counterbid
with
a
higher
offer
to
secure
the
contract
.
Base Words
bid
counter