out-bid

verb (used with object), out·bid, out·bid·den or out·bid, out·bid·ding.

1. to outdo in bidding; make a higher bid than (another bidder).

verb -bids, -bidding, -bid, -bidden or -bid

1. (tr) to bid higher than; outdo in bidding

v.1580s, from out (adv.) + bid (v.). Related: Out-bidding; out-bidden.