1. to bid more than the value of something
2. to bid higher than another person in an auction or competitive situation
3. to bid beyond one’s ability to fulfill the contract
Usage: bridge; card games

1. a bid that is too high

Examples

• The collector decided to overbid on the rare painting at the auction.
• She overbid by $50,000 and later regretted the purchase.
• Don’t overbid on that house just because you like it.
• His overbid cost him the contract when he couldn’t deliver.
• The aggressive overbid surprised other bidders.
• They warned him not to overbid in the bridge tournament.
• Her overbid of three hearts was risky but paid off.