Definitions for underbidˌʌn dərˈbɪd
Random House Webster's College Dictionary
un•der•bidˌʌn dərˈbɪd(v.)-bid, -bid•ding.
(v.t.)to bid less than (another bid) or less than the bid of (another bidder), esp. in seeking a contract.
Category: Business
to bid less than the value or worth of (a contract or hand) at cards.
Category: Games
(v.i.)to bid lower than another, esp. too low to gain something.
Category: Business
Origin of underbid:
1585–95
un′der•bid`der(n.)
Princeton's WordNet
underbid(verb)
bid (a hand of cards) at less than the strength of the hand warrants
underbid(verb)
bid lower than a competing bidder
underbid(verb)
bid too low
Wiktionary
underbid(Noun)
A bid that is lower than another.
underbid(Verb)
To bid too low
underbid(Verb)
To bid lower than another
underbid(Verb)
To bid less than the full value of a hand of cards
Webster Dictionary
Underbid(verb)
to bid less than, as when a contract or service is offered to the lowest bidder; to offer to contract, sell, or do for a less price than
Citation
Use the citation below to add this definition to your bibliography:
"underbid." Definitions.net. STANDS4 LLC, 2013. Web. 25 May 2013. <http://www.definitions.net/definition/underbid>.