1 definition found From The Collaborative International Dictionary of English v.0.48 [gcide]: Countervail \Coun`ter*vail"\ (koun`t?r-v?l"), v. t. [imp. & p. p. {Countervailed} (-v?ld); p. pr. & vb. n. {Countervailing}.] [OF. contrevaloir; contre (L. contra) + valoir to avail, fr. L. valere to be strong, avail. See {Vallant}.] To act against with equal force, power, or effect; to thwart or overcome by such action; to furnish an equivalent to or for; to counterbalance; to compensate. [1913 Webster] Upon balancing the account, the profit at last will hardly countervail the inconveniences that go allong with it. --L'Estrange. [1913 Webster]
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