noun
- plural of outbidder; people or entities that offer a higher bid than others in an auction or competitive bidding situation
Usage: commonly used in auction contexts, real estate, and procurement
Examples
- The outbidders at the art auction drove the painting's price to record levels.
- Several outbidders competed fiercely for the commercial property.
- The company faced multiple outbidders when it tried to acquire the startup.
- Real estate agents often warn sellers about outbidders in hot markets.
- The outbidders' aggressive strategy secured them the contract.