underbid

[ uhn-der-bid ]
/ ˌʌn dərˈbɪd /

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

OTHER WORDS FROM underbid

un·der·bid·der, noun

Example sentences from the Web for underbid

British Dictionary definitions for underbid

underbid
/ (ˌʌndəˈbɪd) /

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 hand he underbid his hand

Derived forms of underbid

underbidder, noun