overbidden
Definition
Verb (past participle of overbid): - To have offered a higher price than someone else, especially in an auction or competitive bidding situation. - To have made a bid that exceeds the value or worth of something, often resulting in paying too much.
Usage Examples
- (She offered a price higher than any other bidder.)
- (The company submitted a bid that was too high relative to the project's value.)
Advanced Usage
- "to have overbidden one's hand": to have made a bid that is too ambitious or beyond one's means.
- He overbidden his hand in the negotiation and now faces financial strain. (He made an offer he could not realistically afford.)
Variants and Related Words
- Overbid (verb, present tense): to make a higher bid than someone else.
- I will overbid on the painting if necessary. (I will offer a higher price.)
- Overbidding (noun): the act of making a higher bid.
- Overbidding can lead to buyer's remorse. (The act of bidding too high.)
Synonyms
- Outbid: to offer a higher price than another person.
- Overpay: to pay more than the fair or necessary amount.
Phrasal Verbs
- Overbid for: to offer an excessive price for something.
- They overbidden for the rare book at the sale. (They paid too much.)
Related Idioms
- Bid beyond one's means: to offer more money than one can afford.
- He overbidden beyond his means and had to borrow money. (He made an unaffordable bid.)