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Overbid (Noun)

A bid that is higher than preceding bids.

Nouns denoting communicative processes and contents.

The investor made an overbid on the rare art piece, offering $1 million more than the previous highest bid.
After making an overbid, the contractor had to revise their pricing strategy to avoid losing money on the project.
The enthusiastic collector made an overbid on the limited edition sneakers, not realizing the resale value would drop soon after.
In a bold move, the entrepreneur made an overbid on the popular startup, outbidding several established investors.
The homeowner was disappointed when they discovered they had made an overbid on the property, realizing the true value was lower than they thought.

(bridge) a bid that is higher than your opponent's bid (especially when your partner has not bid at all and your bid exceeds the value of your hand).

Nouns denoting communicative processes and contents.

His reckless overbid in the third round sealed the deal, as his partner had nothing to follow up with.
After re-examining her cards, she realized that her previous bid had been an overbid and it would be hard to make.
In an attempt to psych out the opponents, John placed an overbid on the fifth round but ultimately failed to make his contract.
At the tournament, many novice players learned a costly lesson about not placing an overbid in hopes of winning big.
A carefully calculated overbid could turn the game around in her favor if executed properly and if her partner was in the right position.