overbid

[US]/ˌəʊvəˈbɪd/
[UK]/ˌoʊvərˈbɪd/
Frequency: Very High

Translation

n.a bid that is higher than necessary
vt.to bid higher than
vi.to make a bid that is too high

Phrases & Collocations

overbid amount

overbid strategy

overbid price

overbid limit

overbid scenario

overbid risk

overbid auction

overbid competition

overbid tactic

overbid offer

Example Sentences

the company decided to overbid for the contract to secure the project.

many bidders chose to overbid, hoping to outdo their competitors.

it's risky to overbid in an auction without knowing the market value.

she regretted her decision to overbid on the painting.

to win the deal, they had to overbid significantly.

overbidding can lead to financial strain for small businesses.

he felt that the team might overbid and jeopardize their budget.

they were cautioned not to overbid in the competitive market.

overbidding can sometimes backfire and weaken your position.

the contractor was known to overbid on several projects last year.

Popular Words

Explore frequently searched vocabulary

Download App to Unlock Full Content

Want to learn vocabulary more efficiently? Download the DictoGo app and enjoy more vocabulary memorization and review features!

Download DictoGo Now