underbidder
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a word derived from
underbid.
underbidverb (used with object)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.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The underbidder was ConstitutionDAO, which announced its plan to raise millions of dollars to buy the Constitution on Twitter on Nov. 12.
From Seattle Times ● Nov. 19, 2021
“Rubens’s time has come,” said Mr. Haboldt, an old masters specialist with locations in Paris, New York and Amsterdam, who was the underbidder.
From New York Times ● Jul. 16, 2016
Chapman, a Brisbane-based private detective, was reportedly the underbidder for last week’s Beirut plot, and has since been quoted in the media criticising Whittington and 60 Minutes.
From The Guardian ● Apr. 12, 2016
Young Mr Noortman, the underbidder who was trying to buy the picture for stock, did not stand a chance.
From Economist ● Dec. 15, 2009
He had been the underbidder, but what chance had a poor devil of a bibliophile against the wealthy captains of industry?
From The Unpublishable Memoirs by A. S. W. Rosenbach