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underbid

[ˌʌndərˈbɪd]

underbid Definition

  • 1to make an offer to do work or provide goods or services at a lower price than someone else
  • 2to bid less than the actual value of something

Using underbid: Examples

Take a moment to familiarize yourself with how "underbid" can be used in various situations through the following examples!

  • Example

    The company underbid their competitors and won the contract.

  • Example

    I lost the auction because I underbid on the painting.

  • Example

    The contractor underbid the project and ended up cutting corners to save money.

underbid Synonyms and Antonyms

Synonyms for underbid

Antonyms for underbid

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Summary: underbid in Brief

To 'underbid' [ˌʌndərˈbɪd] means to offer goods or services at a lower price than someone else, or to bid less than the actual value of something. Examples include 'The company underbid their competitors and won the contract,' and 'I lost the auction because I underbid on the painting.' Synonyms include 'underprice' and 'lowball,' while antonyms include 'overbid' and 'outprice.'