overbid

American  

[oh-ver-bid, oh-ver-bid] / ˌoʊ vərˈbɪd, ˈoʊ vərˌbɪd /

verb (used with object)

overbid, overbidding

1. to bid more than the value of (a thing).

   to overbid one's cards.

2. to outbid.

   She overbid him for the painting.

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verb (used without object)

overbid, overbidding

1. to bid more than the actual value or worth.

   a tendency to overbid at auctions; to overbid at bridge.

noun

1. a higher bid.

overbid British  

verb

1. (intr) bridge to bid for more tricks than one can expect to win

2. to bid more than the value of (something)

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noun

1. a bid higher than someone else's bid

Etymology

Origin of overbid

First recorded in 1610–20; over- + bid ¹

Example Sentences

Meanwhile, some investors say the firm has often overbid for stakes in hot companies, driving up valuations more broadly.

From The Wall Street Journal • Sep. 1, 2016

Oil companies overestimated how much these tracts would produce, overbid to secure them, and thus saw poor returns.

From Time • Jul. 30, 2013

Two franchisees on the East Coast mainline went bust having overbid, and several other franchisees are under what are touchingly called "special measures", having got into trouble through over-bidding.

From The Guardian • Oct. 5, 2012

Being vulnerable at imp scoring, many would force to game, which would be a slight overbid.

From New York Times • Jul. 20, 2012

Roger bid for them, and was overbid by a farmer of the name of Hatch.

From Irish Wit and Humor Anecdote Biography of Swift, Curran, O'Leary and O'Connell by Anonymous