verb
- past participle of outbid; to offer a higher bid than someone else in an auction or competitive bidding situation
Usage: commonly used in auction contexts; can also mean to surpass in bidding
Examples
- She was outbidden at the art auction by a collector from overseas.
- The company was outbidden for the contract by a rival firm.
- He felt disappointed after being outbidden on the vintage car he wanted.
- Several investors were outbidden during the real estate bidding war.
- The gallery's initial offer was outbidden by three other museums.