Meaning of “counteract” in the English Dictionary

"counteract" in American English

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counteractverb [ T ]

us /ˌkɑʊn·tərˈækt/

to reduce or remove the effect of something by producing an opposite effect:

The tax must be adjusted upward to counteract inflation.

(Definition of “counteract” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"counteract" in Business English

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counteractverb [ T ]

uk /ˌkaʊntərˈækt/ us

to take action to reduce the influence of something that may be harmful:

Spending on marketing and advertising has increased in order to counteract falling sales.
These new energy technologies are aimed at counteracting the effects of global warming.

(Definition of “counteract” from the Cambridge Business English Dictionary © Cambridge University Press)