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Vocabulary Entry
overbid
|verb • noun
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V
verb
To bid an amount higher than an opponent in an auction or competitive situation.
Example Sentences
"She decided to overbid to ensure she won the rare collectible."
"In the intense auction, he felt compelled to overbid to secure the painting."
"They realized they might have to overbid to stay competitive in the housing market."
N
noun
An instance of bidding an amount higher than another bid.
Example Sentences
"His overbid surprised everyone in the auction house."
"The overbid led to heated discussions among the bidders."
"She regretted her overbid after realizing the final price was much higher than expected."