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Outbid for Dummies

verb

pronunciation: ,aʊt'bɪd

What does Outbid really mean?

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Hey there!

So, let's talk about the word "outbid." Have you ever been to an auction or seen one on TV? You know how people bid on items and try to get the highest price, right? Well, "outbid" is a word we use when someone makes a higher bid than someone else. It means that another person has offered more money for the item being auctioned, and therefore, they are more likely to win and get the item.

Let me give you an example to make it even clearer. Imagine you're at an auction, and there's this really cool toy you want. The auctioneer starts the bidding at $10, and you raise your hand and say, "I bid $20!" Unfortunately, someone else also wants that toy a lot, so they say, "I outbid you! I bid $30!" You see, they offered more money than you, so now they are the highest bidder, and they are more likely to win the toy.

So, "outbid" is like being in a competition with money. When someone outbids you, it means they have offered a higher amount of money than you, and they are ahead in the bidding race. It's like they're saying, "Hey, I want that item more, so I'll pay more for it!"

Being outbid can be disappointing, I know, but remember, there's always another chance to bid on something else. You can try again and maybe outbid others next time!

I hope this explanation helped you understand what "outbid" means. If you have any more questions or need further clarification, feel free to ask!

Take care!


Revised and Fact checked by Olivia Martin on 2023-10-29 14:22:43

Outbid In a sentece

Learn how to use Outbid inside a sentece

  • During the auction, John outbid all the other bidders and won the painting.
  • Sarah was determined to buy the rare book, so she outbid everyone else at the book fair.
  • In order to get the last ticket to the concert, Lisa had to outbid her friend who also wanted to attend.
  • The businessman outbid his competitors to secure the deal for the new office space.
  • At the garage sale, Mark successfully outbid others for the antique chair he had been searching for.

Outbid Antonyms

Words that have the opposite context of the original word.

Outbid Hypernyms

Words that are more generic than the original word.

Outbid Category

The domain category to which the original word belongs.