overbidverb [ I or T ]
uk/ˌəʊ.vəˈbɪd/us/ˌoʊ.vɚˈbɪd/present participle overbidding, past tense and past participle overbidto offer more money than someone in an attempt to buy something, or to offer too much money in an attempt to buy something:
They were overbid by a Japanese firm.
The Commission felt the company was overbidding and gave the franchise to their competitors instead.
Thesaurus: synonyms and related words
Paying money
- ante
- chargeable
- congestion charge
- demurrage
- disburse
- discharge
- expense
- fork
- fork out sth
- overspend
- pay up
- payee
- put sth down 1
- repayable
- self-financing
- sink
- spring
- square
- tip
- worth
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