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to underbid

to underbid

1 5.9
Offer to do work or sell something for a lower price than others to win a contract
  • verb
  • /ˌʌndərˈbɪd/
translation icon : ofertar menos
  • The risk of baseload plants being underbid by mid-merit plants is increased under Pay Bid.
  • underbid any contractor
  • able to underbid

Examples

  • The Irish were viewed as malcontents and gang supporters because they routinely supported their own and often underbid to secure jobs.

    Blog text (32)
  • To win the bidding war, they had to underbid the previous offer significantly.

  • With this pool of slave labor you have, you can underbid any contractor in town.

    Fiction book (1994)
  • - This pool of slave labor you've got, you can underbid any contractor in town.

  • You definitely don't want to underbid a job that requires a skill you don't yet have.

  • They underbid the Liverpool companies and, to their great annoyance, even stopped to take passengers in Southampton.

    Academic text (1993)
  • Without some form of collective protection (e.g., a union, mandated wage floors, or both), potential employees will always be underbid by someone else.

    Blog text (11)
  • He was still riled by the way JBI had underbid the Foundation for planetary studies of lo.

    Fiction book (2000)
  • Seasoned New York dealer Lucy Mitchell-Innes of Mitchell-Innes & Nash, who underbid the Pietzch pictures back at Sotheby's in November 2001, recalled that notes she took at the time also indicated the paintings were simply presented as one lot comprising three works.

    Blog text (30)
  • In the auction, he decided to underbid to secure the contract for the renovation.

Synonyms

to undercut
vsto underbid
28 4.4

Sell goods or services at a lower price than a competitor

is about offering a lower price chiefly to beat others in bids
to lowball
vsto underbid
  • Informal
8 7.5

Give a much lower price or estimate on purpose to win the deal

is milder, meaning offer lower price to win contracts without extreme undervaluing
to underprice
vsto underbid
3 5.2

Sell something for less than its normal market price

focuses instead on offering lower price to win contracts rather than undervaluing
to undersell
vsto underbid
1 4.7

Sell goods or services at a lower price than a competitor

is used for lowering price specifically to secure a contract or sale
to underquote
vsto underbid
7.7

To offer a lower price than other companies to win work

is specifically about lowering price to win contracts or auctions

Antonyms

1 5.1

To offer a bid higher than others, often not reasonable in auctions or card games

How Low

to undercut
28 4.4
to underbid
1 5.9
bid
232 2.7
to quote
68 3.5

Surface Forms

underbid infinitive
underbid past
underbid past participle
underbidding present participle
underbids third person singular

Morphology

underbid = bid (transparent) = under + bid

The meaning is clearly derived from 'under' + 'bid', indicating offering a lower price.

Etymology

Underbid comes from the parts under- meaning 'below' and bid meaning 'an offer or price'. So, to underbid someone is to offer a price 'below' others to try to win the work or contract.