counterbids
Rival auction responses
Counterbids are competing offers made in response to an existing bid, typically to outdo it.
The term appears most often in auctions, business acquisitions, and contract negotiations: The company rejected the hostile takeover after receiving a counterbid from a friendlier buyer.
A counterbid may match or exceed the original, aiming to win the deal away from the first bidder.
Offer more than another
auctioneer · lot · paddle · increment · opening bid · winning bid · bid war · sealed bid
Negotiating mutually acceptable terms
- proposalFormal plan for consideration
- concessionYielding a point
- hagglingNegotiating a lower price
- deal-makingNegotiating agreements between parties
terms · compromise · leverage · walkaway · hardball · sweetener · sticking point · bottom line
Defeat through superior tactics
- gambitRisky opening for advantage
- bluffCalculated false front
- anticipationState of awaiting something
- positioningArranging in specific locations
tactical · preemptive · escalation · timing · calculated · reactive · feint · one-upmanship
outbid
Offer more than another
gavel · auctioneer · lot · paddle · increment · opening bid · winning bid · bid war · sealed bid · proxy bid
bargaining
Negotiating mutually acceptable terms
- proposalFormal plan for consideration
- concessionYielding a point
- hagglingNegotiating a lower price
deal-making · terms · compromise · leverage · walkaway · hardball · sweetener · sticking point · bottom line · good faith
outmaneuver
Defeat through superior tactics
- gambitRisky opening for advantage
- bluffCalculated false front
- anticipationState of awaiting something
positioning · tactical · preemptive · escalation · timing · calculated · reactive · feint · one-upmanship · counter-strategy
counterbidsacceptances
Affirmative replies received
withdrawals · concessions · surrenders · acquiescences · capitulations