underbid

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un·der·bid • v. / ˌəndərˈbid/ (-bid·ding; past and past part. -bid) [tr.] (in an auction or when seeking a contract) make a lower bid than (someone): they were underbid by competitors who charged less. ∎  Bridge make a lower bid on (one's hand) than its strength warrants.• n. / ˈəndərˌbid/ a bid that is lower than another or than is justified.DERIVATIVES: un·der·bid·der / ˌəndərˈbidər/ n.

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