One of the mysteries of the English language finally explained.
verbunderbidding, underbids[with object]
1(in an auction or when seeking a contract) make a lower bid than (someone)‘they were underbid by competitors who charged less’
charge less than, charge a lower price than, undersellView synonyms
- ‘‘Desperate contractors will underbid labor, safety and management costs just to keep their crews busy,’ he says.’
- ‘Framers, she said, often will start underbidding themselves by immediately suggesting other options to make the job less expensive.’
- ‘Companies in the market for consultants can now use Web exchanges to post REPs (request for proposals) and then sit back while the contenders prepare responses and underbid one another.’
- ‘We can be underbid by smaller contractors on little jobs.’
- ‘Many framers often find themselves underbidding themselves to keep a piece of work in the shop for framing.’
- ‘They manage to provide a certain product range at a competitive price - so competitive that individual local traders find impossible to underbid.’
- ‘They underbid, over-promised and they didn't deliver.’
- ‘This worsens the trade deficit and helps these companies underbid rivals.’
- ‘We hereby assume that he only sells his coats for the same price as his competitors, and does not take advantage of these economies to underbid them.’
- ‘Small manufacturers tend to be terrified of losing an order, so they dramatically underbid.’
- ‘The question, of course, is whether the cost overruns stem from unforeseen problems that crop up over the course of a project or whether projects are routinely underbid.’
- ‘Their whole business model is about bringing in inexpensive foreign labor so they can underbid their rivals.’
- ‘To get their initial clients, they had to underbid and offer lower prices.’
- ‘They'll help reveal, early on, any underbidding mistakes you've made - preferably before the cash-flow crunch and the red ink.’
- ‘Apparently, the roofing contractor had underbid the project and was saving money by leaving gaps between the insulation boards, thus reducing the amount of material that had to be purchased.’
- ‘The contractor had significantly underbid the job.’
- ‘The audience roared because they thought I underbid.’
- ‘Companies with poor safety records may be able to underbid companies that invest in safety but only in the short term.’
- ‘He's talking about American workers being underbid in the global labor market.’
- ‘In order to make their bid more attractive the new contractors must underbid each other.’
- 1.1Bridge Make a lower bid on (one's hand) than its strength warrants.
- ‘Since declarer's side in a ‘no seven’ game can choose when to bring the game to a close, they can certainly arrange to lose; thus there will be no underbidding for the right to be declarer!’
A bid that is lower than another or than is justified.
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