Outbid


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Outbid

To make a higher bid than another party. This means the second party will not buy the good or service being bid on unless it in turn makes a higher bid. For example, if Joe bids $10 for an antique desk and Frank bids $12, Frank has outbid Joe. The term is important in the securities trade. See also: Counteroffer.
References in periodicals archive ?
In the end, the "Fight Club " actor was outbid by a gala-goer who ended the auction at USD 1,60,000.
We chose Kaazing because they pioneered HTML5 WebSocket," said Bob Lee, Chief Product Officer, Outbid.
He says at one in every three viewings, potential tenants are now trying to outbid each other in order to secure the property.
Trainer Tom George, bidding through agent David Redvers, outbid first Lucinda Russell and then French agent Nicolas de Watrigant for another jumping prospect in Jeremy Noseda's smart Brighton maiden winner Rocky's Pride, who realised 67,000gns.
One unlucky bidder was Ronnie McDonnell, an Irish antique dealer who was so upset at the outbid that he decided to build one himself - it was felt if it was done once it could be done again.
It was a long way for An Nie to come and it is a pity she was outbid on so many items but at least she went away with one reminder of her trip to Tyneside," said Anderson and Garland senior partner Andrew McCoull.
This allowed Chinese metalcasters to easily outbid and outsell U.
Toll outbid Trump, who tried to buy back the property he lost last year as part of a bankruptcy reorganization agreement, reports the Courier-Post of Cherry Hill, N.
The buyer, computer salesman Richard Gerrard, from near Chester, outbid two other beach lovers to snap up the plot, then said: "I'm probably a bit mental Last year a corrugated iron house at Aberdaron was sold for more than pounds 90,000.
Mansueto reportedly outbid The Economist Group for the two magazines with his willingness to continue publishing "Fast Company" the determining factor.
British diamond collector and jeweller Laurence Graff outbid five other contenders for the classic image, one of 13 made from a publicity shot taken in 1963.
Sabovich's investment group was outbid, but the winning investors asked him to help in the title transfer.