Underbid (Verb)

Meaning ¹

Bid too low.

Classification

Verbs of buying, selling, owning.

Examples

• The construction company underbid on the project, which resulted in significant financial losses when the actual costs far exceeded their estimate.
• If you underbid on a freelance job, you may end up working for less than you are worth.
• A common mistake made by new eBay sellers is to underbid on items, which can be difficult to sell for a profit.
• He regretted underbidding on the contract, as it forced him to take on additional work without adequate compensation.
• The company was forced to withdraw from the tender after it realized it had underbid on several key items.

Antonyms

• Overbid

Hypernyms

• Tender
• Bid

Meaning ²

Bid lower than a competing bidder.

Classification

Verbs of buying, selling, owning.

Antonyms

• Outbid

Hypernyms

• Tender
• Bid

Meaning ³

Bid (a hand of cards) at less than the strength of the hand warrants.

Classification

Verbs of buying, selling, owning.

Examples

• She underbid her hand and was heavily penalized for not taking enough tricks.
• In bridge, underbidding can be disastrous, especially at tournament levels.
• Experienced players never underbid, knowing the value of their cards accurately.
• Underbidding to deceive opponents can backfire if the other team has strong counters.
• If you underbid and manage to win, consider it luck, not skill.

Hypernyms

• Call