outbid
verb
out·bid
ˌau̇t-ˈbid
outbid; outbidden
ˌau̇t-ˈbi-dᵊn
; outbidding
: to make a higher bid than : to offer more than
… when employers clamor to outbid each other for the services of an engineering elite …—Randall E. Stross
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Merriam-Webster unabridged
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