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underbid
Definitions
[ˌʌndəˈbɪd], (Verb)
Definitions:
- (in an auction or competitive tendering) make a lower bid than (someone)
(e.g: they were underbid by competitors who charged less)
- make a lower bid on (one's hand) than its strength warrants
(e.g: the average player underbids his small hands)
Phrases:
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[ˈʌndəbɪd], (Noun)
Definitions:
- a bid that is lower than another or than is justified
Phrases:
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definition by Oxford Dictionaries