OUTBID
outbid
(verb) bid higher than others
outbid
(verb) bid over an opponent’s bid when one’s partner has not bid or doubled
Source: WordNet® 3.1
Etymology
Verb
outbid (third-person singular simple present outbids, present participle outbidding, simple past outbidded or outbid, past participle outbidden or outbidded or outbid)
(transitive) To bid more than (somebody else) in an auction.
Source: Wiktionary
Out*bid", v. t. [imp. Outbid or Outbade (p. p. Outbid or Outbidden (p. pr. & vb. n. Outbidding.]
Definition: To exceed or surpass in bidding. Prevent the greedy, and outbid the bold. Pope.
Source: Webster’s Unabridged Dictionary 1913 Edition
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