overbid
overbid Lexical Profile
overbid Game Scores & Validity
• verb
To bid more than the value of something, or to offer a higher price than a competitor at an auction.
"In their eagerness to secure the property, the buyers overbid by tens of thousands of dollars."
To bid for more tricks than one's hand can reasonably be expected to win (in bridge and other card games).
"My partner overbid his hand, leaving us two tricks short of the contract."
• noun
A bid that is higher than a previous bid or exceeds the true value of an item, or in bridge, a bid for more tricks than one's hand reasonably justifies.
"The aggressive overbid at the real estate auction drove the final sale price far above market value."
Word Nuance & Usage
Do not confuse 'overbid' with 'outbid'; while 'outbid' simply means to offer a higher price than a competitor, 'overbid' often implies bidding more than the actual value of an item or more than one's hand warrants in card games.