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From: Webster's Revised Unabridged Dictionary (1913)

 Out·bid v. t. [imp. Outbid or Outbade (░); p. p. Outbid or Outbidden (░); p. pr. & vb. n. Outbidding.] To exceed or surpass in bidding; to bid a higher price.
    Prevent the greedy, and outbid the bold.   --Pope.
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