Counterproposal

/ˌkaʊntərprəˈpoʊzəl/ noun

Definition

An alternative offer or suggestion made in response to a previous proposal.

Etymology

From counter- + proposal (from Latin proponere, to set forth). Common business and negotiation term from the 20th century.

Kelly Says

Real estate negotiations are built entirely on counterproposals—the first offer is rarely accepted; instead, buyers and sellers dance through escalating counterproposals until they meet, which actually builds more commitment to the deal.

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