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Underbid   /ˈəndərbˌɪd/   Listen
Underbid

verb
(past & past part. underbid; pres. part. underbidding)
1.
Bid (a hand of cards) at less than the strength of the hand warrants.
2.
Bid lower than a competing bidder.
3.
Bid too low.





WordNet 3.0 © 2010 Princeton University


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"Underbid" Quotes from Famous Books



... deals. We're not goin' to freight any ourselves if we can get out of it. But we'll sign no contracts in such a matter. Lowest bidder gets our business so long as he don't fail to keep us supplied with all we need. If you can underbid these truck men, you'll get the business; and from what I know about you, I have no doubt but that you'll ...
— The She Boss - A Western Story • Arthur Preston Hankins
... vender's supply does not require that he win away another's customers, and although the different sellers continue to be rivals and each would welcome an increase of patronage made at others' cost, no one is forced to underbid others in order to continue to sell his accustomed output. Competition is here quiescent, since actual underbidding and the luring away of rivals' customers do not take place. When entrepreneurs who are not now in the subgroup ...
— Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark


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