underbid
IPA: ˈʌndɝbɪd
noun
- A bid that is lower than another.
verb
- To bid too low.
- To bid lower than another.
- (bridge) To bid less than the full value of a hand of cards.
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Examples of "underbid" in Sentences
- Companies that don't pay their workers can always underbid those that do.
- Surely, an 'efficient' private company can underbid the government option!
- Companies affiliated with the Guard are large enough to underbid competitors and are generally favored in the bidding process for large contracts.
- Perhaps that's what Jobs knew and Obama didn't: that there was nothing Obama could do to bring those jobs back - not as long as danger and fraud can underbid safety and fairness.
- Fixed fees ensure your earnings, however, since assignments are notoriously underbid and, in competition with other firms, you will only make real profit in cases where the client changes their original request and, unfortunately, this gives the client a bad taste.
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