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underbid

Pronunciation:  `undur'bid

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WordNet Dictionary
 
 Definition: 
  1. [v]  bid too low
  2. [v]  bid lower than a competing bidder
  3. [v]  bid (a hand of cards) at less than the strength of the hand warrants
 
 Antonyms: outbid, overbid
 
 See Also: bid, call, offer, tender

 

 

Webster's 1913 Dictionary
 
 Definition: 
\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.

 

 

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