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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).
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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.
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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

  • 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

  • Well, some one underbid us, he said, trying to hide his disappointment.

    The Boss of Wind River

    David Goodger (goodger@python.org)

  • You said we were underbid, and thats my business, said Wright.

    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.

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
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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