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Longman Dictionary of Contemporary English
outbid
verb
EXAMPLES FROM OTHER ENTRIES
▪ Shue outbid three competitors for the painting.
EXAMPLES FROM CORPUS
▪ Each has been trying to outbid the rest in an attempt to gain market share and so exploit economies of scale.
▪ Each new capital seemed to be eager to slightly outbid the previous one.
▪ Grigsby shocked his rivals, outbidding them with a $ 2. 60 fee for each $ 1, 000 bond sold.
▪ He would outbid Aristotle Onassis for a jewel and marry the highest-paid film star in the world, twice.
▪ In order to win an election, a party would make extravagant promises, doing so in order to outbid the other party.
▪ Like two poker players, each raises its level of hormonal bidding, until one of them feels outbid, and folds.
▪ Only weeks ago, Raytheon also outbid Northrop for Texas Instruments' defense operations.
▪ Silver said that he feared that if, as reported, Blackburn became involved, he feared Leeds may be outbid.
The Collaborative International Dictionary
Outbid

Outbid \Out*bid"\, v. t. [imp. Outbid or Outbade (?); p. p. Outbid or Outbidden (?); p. pr. & vb. n. Outbidding.] To exceed or surpass in bidding; to bid a higher price.

Prevent the greedy, and outbid the bold.
--Pope.

Wiktionary
outbid

vb. To bid more than somebody else in an auction.

WordNet
outbid
  1. v. bid over an opponent's bid when one's partner has not bid or doubled

  2. bid higher than others [ant: underbid]

  3. [also: outbidding, outbidden]

Usage examples of "outbid".

Even if you and I had guessed that there might be money in the sea chest, we never could have outbid him!

Madison had made up her mind to outbid anyone who dared open his mouth.

And though it seemed to be loyal to the Republic and to subscribe to its democracy, its leaders, as we have seen, were negotiating with the Nazis to give Hitler the chancellorship before they were outbid by Papen and the Nationalists.

In the matter of the supply of arms the Government would find it cheaper to enter the market as a purchaser, and have agents to outbid the tribesmen, rather than to employ soldiers.

I could guess how quickly they would outbid each other, to secure the goodwill of a new potentate.

And Kelsey was hoping that the old man who had started the bidding, even with his disgusting leers, would continue to outbid that one.

The Rodriguezes are deeply offended at having been outbid by upstarts.

Frances was getting boxes of diamonds, and sets of furs and lace, and what not, and it was useless for Deb to attempt to outbid the giver of these things, or to part her sister from them.

Wilton Young pay and pay and pay for the privilege of outbidding a Brevett.

Crikswich, by outbidding him at the auction for the sale of Marine Parade and Belle Vue Terrace, Van Diemen ran the houses up at the auction, and ultimately had Belle Vue knocked down to him.

As we drew nearer peddlers approached with trays of votive offerings and sticks of incense, waving handfuls in our faces, voices rising as they tried to outbid each other.

The Bank resolved not to be outbidden in this singular auction, and the Governors also reconsidered their first proposal, and sent in a new one.

It was his intention to try out his latest acquisition, a team of high-bred grays, warranted by their late owner to be sweet-goers, and enviously described by the gentleman who had been outbidden by his lordship as four very tidy ones indeed.

I have long outbidden folly with folly, pride with pride, scorn with scorn, insolence with insolence, and have outlived many vanities with many more.

Nicol’s father was quite subtle enough to make Wilton Young pay and pay and pay for the privilege of outbidding a Brevett.