underbid

[uhn-der-bid]

verb (used with object), un·der·bid, un·der·bid·ding.

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.
Cards. to bid less than the value or worth of (a contract or hand).

verb (used without object), un·der·bid, un·der·bid·ding.

to bid lower than another or too low for the value of something.

Origin of underbid

First recorded in 1585–95; under- + bid¹

Related formsun·der·bid·der, noun

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for underbid

Historical Examples of underbid

His price is not what he can get, but the lowest he can live for and underbid his neighbor.
How the Other Half Lives
Jacob A. Riis
You said we were underbid, and thats my business, said Wright.
The Boss of Wind River
David Goodger (goodger@python.org)
Well, some one underbid us, he said, trying to hide his disappointment.
The Boss of Wind River
David Goodger (goodger@python.org)
No one can ever underbid him, except by paying for the privilege.
The Wide Awake Girls in Winsted
Katharine Ellis Barrett
"We can afford to underbid them all," declared Darry; and so the matter was settled.
Bart Stirling's Road to Success
Allen Chapman

British Dictionary definitions for underbid

underbid

verb -bids, -bidding or -bid (tr)

to submit a bid lower than that of (others)Irena underbid the other dealers
to submit an excessively low bid for
bridge to make a bid that will win fewer tricks than is justified by the strength of the handhe underbid his hand

Derived Formsunderbidder, 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