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