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

You can’t boast to Eagles, Giants or Cowboys fans about what stud player you acquired and how much you overbid for him because for the first time in forever Daniel Snyder didn’t open the vault.

From Washington Post • Aug. 4, 2011

He, however, will overbid all, up to four thousand.

From Off-Hand Sketches A Little Dashed with Humor by Arthur, T. S. (Timothy Shay)