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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.
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British Dictionary definitions for underbidding

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
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