Definition of "overbidding" [overbidding]

• Present participle of overbid. (verb)

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• "The Portuguese foreign minister waved her aside; the statements emanating from Vienna constituted "overbidding," he declared."
• "And it has so cleverly structured the sale of television rights that networks routinely wind up overbidding, allowing the league to capture virtually the full value of its monopoly."
• "That at times has infuriated investors, who have complained to some major banks that they have been duped into overbidding on supposedly hot deals, say people familiar with the matter."