underbid

[uhn-der-bid]
verb (used with object), un·der·bid, un·der·bid·ding.
  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), un·der·bid, un·der·bid·ding.
  1. 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


British Dictionary definitions for underbid

underbid

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