0 to offer more money than someone in an attempt to buy something, or to offer too much money in an attempt to buy something:
The Commission felt the company was overbidding and gave the franchise to their competitors instead.
1 to offer more money than someone in an attempt to buy something:
In that period there should be no grounds which would allow others to step in and overbid.
I assume that he is demanding more on the principle of "never knowingly overbid".
Are not some of them already in serious financial trouble because they overbid?
He will be told that it is not in the national interest for him to overbid for skilled workers for his factory.
How can the housing associations be overbidding when the extent of the problem is so great?
Overbidding on this scale represents an enormous amount of wasted time, effort and resources by local authorities and others who are already under severe pressure.
However, there is some experience from other parts of the world that the temptation to overbid once one has passed the quality test will be irresistible.
There must be a danger that the highest bidder will have overbidded and have insufficient finances left to fund the range and quality of programs received.
