Outbidden: meaning, definitions and examples
💰
outbidden
[ aʊtˈbɪdən ]
bidding context
Outbidden refers to the act of placing a higher bid than someone else in an auction or competitive bidding situation. This term is most commonly used in real estate, art auctions, and online bidding platforms. The action of outbidding usually occurs when one party seeks to secure an item or property by offering a greater amount of money than the current highest bid. In many cases, outbidding can lead to a bidding war, resulting in the final price being significantly higher than the original price point.
Synonyms
Examples of usage
- I outbidden the other participants in the auction.
- She was determined to outbid anyone for that rare painting.
- The two buyers were outbidding each other repeatedly until the final price was reached.
Translations
Translations of the word "outbidden" in other languages:
🇵🇹 superado
🇮🇳 बाज़ार में अधिक बोली लगाना
🇩🇪 überboten
🇮🇩 dilewati
🇺🇦 перебито
🇵🇱 przebite
🇯🇵 上回った
🇫🇷 surpassé
🇪🇸 superado
🇹🇷 geçildi
🇰🇷 초과된
🇸🇦 تجاوز
🇨🇿 překonáno
🇸🇰 prekročené
🇨🇳 超出
🇸🇮 preseženo
🇮🇸 yfirgefið
🇰🇿 асып кеткен
🇬🇪 გადაკვეთა
🇦🇿 üstünlük təşkil edən
🇲🇽 superado
Etymology
The term 'outbidden' is derived from the combination of the prefix 'out-' and the verb 'bid'. The prefix 'out-' typically means 'to a greater degree' or 'to exceed', while 'bid' originates from the Old English word 'biddan', which means 'to offer' or 'to ask'. The usage of 'bid' in commercial contexts can be traced back to medieval trading practices, where merchants would offer prices to acquire goods. As auctioning became a popular means of selling valuable items in the 18th and 19th centuries, the notion of outbidding emerged as participants would compete to secure items by offering higher amounts than their rivals. Thus, 'outbidden' encapsulates the competitive spirit of auctions and bidding in various markets.