0 a situation in which someone offers to pay more than someone else for a company, property, etc.:
The market is hoping for either a raised offer for the company or a counter-bid.
Any company which is the subject of a bid from a less efficient company can counter-bid or look to a white knight to do so.
They have an incentive to conceal reality from those who might counter-bid.
NEW WORDS
European
May 10, 2021
WORD OF THE DAY
Shimmer
counter-bid
