Overbidding
Pronunciation: /ˈoʊvɝˈbɪdɪŋ/
Overbidding (noun)
- Offering more money than necessary in an auction or competition.
Examples
- Overbidding can lead to financial losses in auctions.
- Overbidding can lead to financial problems in auctions.
Common collocations: risk of overbidding, consequences of overbidding, problem of overbidding