underbidder
-
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.
“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
The underbidder approached O'Neill, told him he "screwed up" and should have bought the horse.
From Seattle Times ● Jun. 8, 2012
Reducing the buyer's premium after the sale would put the underbidder at a disadvantage.
From The Guardian ● Mar. 18, 2011
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