transitive verb-·bid′, -·bid′ding
to bid or offer more than (someone else)
transitive verbout·bid, out·bid·den, or out·bid out·bid·ding, out·bids
To bid higher than: We outbid our rivals at the auction.
(third-person singular simple present outbids, present participle outbidding, simple past and past participle outbid)
From out- +"Ž bid.