To bid less than another bidder.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • underbid — un‧der‧bid [ˌʌndəˈbɪd ǁ ər ] verb underbid PTandPP underbidding PRESPART [transitive] COMMERCE to offer a lower price for something than someone else, for example in an auction (= when the buyer offering the highest price obtains the thing being… …   Financial and business terms

  • underbid — [un΄dər bid′; ] for n. [ un′dər bid΄] vt., vi. underbid, underbidding 1. to bid lower than (another person) 2. to bid less than the worth of (a thing, as one s hand in bridge) n. a lower or inadequate bid …   English World dictionary

  • Underbid — Un der*bid , v. t. 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. [1913 Webster] …   The Collaborative International Dictionary of English

  • underbid — index haggle Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • underbid — underbidder, n. /un deuhr bid /, v.t., underbid, underbidding. 1. to bid less than (another bid) or less than the bid of (another bidder), esp. in seeking a contract to be awarded to the lowest bid or bidder; make an offer at a lower price than.… …   Universalium

  • underbid — verb (underbids, underbidding; past and past participle underbid) 1》 (in an auction) make a bid lower than another. 2》 Bridge make a lower bid on (one s hand) than its strength warrants. noun a bid that is lower than another or than is justified …   English new terms dictionary

  • underbid — [c]/ʌndəˈbɪd/ (say unduh bid) verb (underbid, underbidding) –verb (t) 1. to make a lower bid than (another), as in seeking a contract to be awarded to the lowest bidder. –verb (i) 2. to make an unnecessarily low bid. –underbidder, noun …   Australian English dictionary

  • underbid — un|der|bid sb., det, underbid, dene …   Dansk ordbog

  • underbid — /ˌʌndə bɪd/ verb to bid less than someone (NOTE: underbidding – underbid) …   Marketing dictionary in english

  • underbid — /ˌʌndə bɪd/ verb to bid less than someone (NOTE: underbidding–underbid) …   Dictionary of banking and finance

  • underbid — verb ( bid; bidding) Date: circa 1677 transitive verb 1. to bid less than (a competing bidder) 2. to bid (a hand of cards) at less than the strength of the hand warrants intransitive verb to bid too low • underbidder noun …   New Collegiate Dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.