1. offered a higher bid than; outbid at an auction or sale

1. past participle of overbid; to bid higher than (someone else) or to bid more than the actual value of something
Usage: often used in auction or competitive bidding contexts

Examples

• She felt disappointed after being overbidden for the antique vase at the estate sale.
• The collector was overbidden by a rival who paid far more than the item was worth.
• He overbidden on the property, paying well above market value.
• Several bidders overbidden each other until the price reached an unreasonable level.
• The painting was overbidden to three times its estimated value.