What's the difference between outbid and overbid?

Outbid


Definition:

  • (imp.) of Outbid
  • (p. p.) of Outbid
  • (v. t.) To exceed or surpass in bidding.

Example Sentences:

  • (1) He would later tut-tut about this, as an error of judgment, and as a cause of relief to him that he was outbid.
  • (2) Friess said that while producers will benefit most from the pipeline, refineries along the Gulf—which he described as the "most sophisticated refineries in the world"—will profit, too, because they'll be able to outbid other refining markets for Canadian crude.
  • (3) In doing so he outbid his former employer, BSkyB, and easily outbid previous rights holders ESPN and Yahoo, which controlled parts of the digital rights that were previously split into different packages.
  • (4) During the renegotiation in 2011, Microsoft made a substantial offer to replace Google with its Bing search engine; Google, though, outbid it and now pays an average of $22m per month.
  • (5) Ballmer outbid several other potential buyers, most notably a group consisting of Oprah Winfrey, Oracle chief executive Larry Ellison and David Geffen – a multicultural ownership which would have been amusing from a karmic standpoint.
  • (6) That friendship ended acrimoniously when Jackson outbid McCartney when the Beatles' publishing catalogue came up for sale in 1985 – essentially, Jackson now owned all of McCartney's 1960s songs.
  • (7) DMGT tried to buy the Daily Telegraph and Sunday Telegraph four years ago but was outbid by the current owners, Sir David and Sir Frederick Barclay.
  • (8) It's quite likely that Google will seek to outbid Microsoft again this year.
  • (9) Birt recalled how Frost only got the interview with Nixon because he raised the money personally, outbidding a US broadcaster.
  • (10) "We had abuse from the buyers because they think the market is dreadful and they couldn't believe they had been outbid."
  • (11) It wanted to hang on to The Voice, but was outbid for the next series by ITV.
  • (12) The dinosaur skull bought by actor Nicolas Cage after he outbid fellow A-lister Leonardo DiCaprio could now return to bite him where it hurts, after it is apparently part of a criminal inquiry into illegally imported fossil remains, according to the Daily Telegraph .
  • (13) Far cheaper options with proven track records of deflecting from rapid reoffending have been mindlessly eschewed on occasions without number.In the early 90s, the home secretary Douglas Hurd tried hard but then shallow electoral considerations had both Conservative and Labour administrations outbidding each other with more of the same counterproductive and populistic non-sequiturs We still have time to learn from the financial and social mess the US prison estate is now in before it is too late.
  • (14) "It should raise concerns if no competitors are actually able to outbid Sky for major studio content in the coming year."
  • (15) Spain’s two biggest clubs, Real Madrid and Barcelona, were able to reach lucrative TV deals that enabled them to consistently outbid rival clubs for players.
  • (16) In this climate it is absurd that in the recent leaders’ debate political parties were attempting to outbid each other on the number of GPs they could magically produce in the next parliament.
  • (17) He can match the SNP on abandoning Britain’s nuclear deterrent, outbid it on opposing austerity and press harder on public ownership of industry.
  • (18) In a 55-page document, they argue that the satellite broadcaster has the funds to outbid rivals for "must see" content such as Premier League football and Hollywood blockbusters that attract subscribers and thus revenue.
  • (19) So where once David Cameron called Ukip a bunch of "fruitcakes, loonies and closet racists" , now his party seeks to outbid them with weekly announcements of benefit and immigration crackdowns.
  • (20) In an interview with the Guardian in October she accused politicians of trying to outbid each other in their opposition to terrorism.

Overbid


Definition:

  • (v. t.) To bid or offer beyond, or in excess of.

Example Sentences:

  • (1) Responding to repeated warnings from Branson that FirstGroup had overbid, O'Toole said: "This company is going up against an organisation whose core competency is publicity and PR.
  • (2) Writing on his blog, Branson said : "We also did not want to risk letting everybody down with almost certain bankruptcy at some time during the franchise as happened to GNER and National Express who overbid on the east coast mainline.
  • (3) And it’s not because of that heavy eBay session where you overbid for a signed Bulgarian copy of Wet Wet Wet’s first LP .
  • (4) Real estate developers have overbid on too many properties where the only way their business plans pencil out is if they dramatically raise rents by pushing out lower-rent tenants, or starve a building of basic maintenance,” Garodnick told the Guardian.

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