👉 In the context of academic and business contexts, a "counterproposal" is a proposal that is made by one party to another in an effort to rectify or correct some inaccuracies or omissions in the original proposal. The purpose of such a proposal is typically to address any concerns or issues raised during the initial negotiation process. The term "counterproposal" can be used interchangeably with other terms like "counteroffer," "revised offer," or "improvement proposal." These three terms
