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 ?
We chose Kaazing because they pioneered HTML5 WebSocket," said Bob Lee, Chief Product Officer, Outbid.
Vitale is the latest in a series of sports figures helping to make Outbid the digital alternative to in-store or on-location appearances: Previous Outbid auctions have been hosted by Pro Football Hall of Fame coach Marv Levy; Baseball Hall of Fame pitcher Ferguson Jenkins and the Greensboro Grasshoppers minor league baseball team are among those who will be involved in future Outbid auctions.
Tenants are trying to outbid each other to secure their dream home, according to a letting agents' association
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.
AFS members reported that in Pennsylvania alone, more than 20 plants have shut their doors in the past five years due to China's ability to outbid and outsell U.
When financing fell through for the developer who initially won the bid, Peebles' investment group outbid two other firms.
The root cause of the recommendation comes from the financial loss caused by the Department's slippage from a grade 5 to a grade 4 in the 2001 Research Assessment Exercise (RAE); a rating procedure that coldly ranks universities with similar subject areas, where research potential from more vocational Building Sciences and construction courses predictably outbid those from institutions with more traditional architectural programmes.
But, far from accepting with good grace that it was outbid for the rights, Auntie is seeking to blame the prominent use of sponsors' logos which were incompatible with its role as a public service broadcaster.
Cesar, another company in the complex, recently outbid 29 software developers from around the world to have its cellular phone game marketed by several Asian mobile phone companies, including SingTel Mobile from Singapore.
Diet Coke outbid the wine distributor for the popular programme--to secure the deal on the latest run with Channel 4, The move has prompted Percy Fox to consider a return to mainstream TV advertising.
Kresa didn't disclose whether Northrop would be willing to raise its bid, but analysts said it could represent the first volley in a wave of offers - noting that Northrop successfully outbid General Dynamics last year in another takeover contest, paying $2.