outbid - definition and synonyms

verb [transitive] 

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/ˌaʊtˈbɪd/
present tense
I/you/we/theyoutbid
he/she/itoutbids
present participleoutbidding
past tenseoutbid
past participleoutbid
  1. to offer to pay more than someone else for something that you want to buy, especially at an auction