—v., -bid, -bid•ding,
1. to bid more than the value of (a thing): to overbid one's cards.
2. to outbid: She overbid him for the painting.
to bid more than the actual value or worth: a tendency to overbid at auctions; to overbid at bridge.
a higher bid.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.