IPA: /ˈoʊvərˌbɪd/
KK: /ˈoʊvərˌbɪd/
intransitive verb
Definition: To offer a price that is higher than what something is worth or higher than other bids.
Example: In the auction, he decided to overbid to secure the rare painting.
noun
Definition: A bid that is higher than another bid made in an auction or competitive situation.
Example: The overbid on the painting surprised everyone at the auction.
transitive verb
Definition: To offer a higher price than someone else for an item, especially in a bidding situation like an auction.
Example: She decided to overbid on the painting to ensure she won it at the auction.