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v. o·ver·bid, o·ver·bid·den (-bĭd′n) or o·ver·bid, o·ver·bid·ding, o·ver·bids
1. To outbid (a person) for something, as at an auction.
2. Games To bid more than the value of (one's hand in bridge, for example).
To bid higher than the actual value of something.
n. (ō′vər-bĭd′)
A bid higher than another bid.

o′ver·bid′der n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.


(Card Games) someone who overbids, esp in the game of bridge
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
(57.) Qualified bid requirements aim to "eliminate potential overbidders who are not serious about purchasing the debtor's assets, ensure the sale can be rapidly closed if an overbidder should purchase the assets, and ensure that the net purchase price is higher than the original bid should overbidding occur." Ronald L.
The proposed tenant who therefore volunteers to pay 10 years' rent up front; an overbidder well in excess of an already inflated guide price; the purchaser whose gearing is as low as his apparent asset strength levels - all of these are scenarios where the reasonably competent property agent may risk stretches at Her Majesty's pleasure if he otherwise fails to report.
At any time prior to August 18, 2005, any party interested in participating in the sale as a potential overbidder may obtain access to due diligence materials by providing a refundable deposit in the amount of $50,000 and executing a confidentiality agreement.
Aggressive buyers may even seek to have the right to merely match a competing overbidder's bid amount, rather than to have to further overbid the other overbidder's amount.
In an example from Colchester in 1429 such an overbidder is described as a forestaller.(49) The same usage is implied in 1438 when "John Badcock forestalled rye in the market, that is by buying two bushels (modii) for 15d.
The logical structure of Farnsworth's argument is as follows: Instead of not breaching her contract, the promisor sold to a third party (the "overbidder").
After making the contract, Seller continues to seek out other buyers for the Acme, and locates Overbidder. Overbidder has a strategic need for the Acme, because he is putting together a hotel chain and needs a hotel in Chicago to complete the chain.
If specific performance is unavailable (because, for example, Seller completes the sale of the Acme to Overbidder before Buyer can get to court), Buyer's expectation damages would be $1 million, leaving Seller with a gain of $4 million from the breach.
Overbidders were the most likely auction participants never to bid again.