follow Dictionary.com

Stories We Like: Novels For Language Lovers

underbid

[uhn-der-bid] /ˌʌn dərˈbɪd/
verb (used with object), underbid, underbidding.
1.
to bid less than (another bid) or less than the bid of (another bidder), especially in seeking a contract to be awarded to the lowest bid or bidder; make an offer at a lower price than.
2.
Cards. to bid less than the value or worth of (a contract or hand).
verb (used without object), underbid, underbidding.
3.
to bid lower than another or too low for the value of something.
Origin
1585-1595
1585-95; under- + bid
Related forms
underbidder, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for underbid
  • Those who do their best to provide quality work are underbid by shoddy workmanship and low quality materials constantly.
  • His price is not what he can get, but the lowest he can live for and underbid his neighbor.
  • It is driven by collectors rather than dealers, who stockpile or underbid simply to push up prices.
  • As workers compete for scarce jobs and firms underbid each other for sales, wages and prices will come under pressure.
  • Their reluctance to hire helpers meant that their overhead was low and they could underbid many other contractors.
  • Without those added costs, some unscrupulous businesses are able to underbid other contractors in the construction industry.
  • Especially in industries with high premium rates, the illegally uninsured employer is able to underbid the insured employer.
  • Paragon's practice of understating costs was not limited to projects it had underbid in order to win.
  • The low end of that range certainly does give credence to the possibility of an underbid audit.
  • We believe it is strictly a violation of the code of ethics for any teacher to underbid the salary of others.
British Dictionary definitions for underbid

underbid

/ˌʌndəˈbɪd/
verb (transitive) -bids, -bidding, -bid
1.
to submit a bid lower than that of (others): Irena underbid the other dealers
2.
to submit an excessively low bid for
3.
(bridge) to make a bid that will win fewer tricks than is justified by the strength of the hand: he underbid his hand
Derived Forms
underbidder, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for underbid

Few English speakers likely know this word

Word Value for underbid

12
15
Scrabble Words With Friends