UNDERBID
underbid
(verb) bid too low
underbid
(verb) bid lower than a competing bidder
underbid
(verb) bid (a hand of cards) at less than the strength of the hand warrants
Source: WordNet® 3.1
Etymology
Verb
underbid (third-person singular simple present underbids, present participle underbidding, simple past and past participle underbid)
To bid too low.
To bid lower than another.
(bridge) To bid less than the full value of a hand of cards.
Noun
underbid (plural underbids)
A bid that is lower than another.
Anagrams
• Dreibund
Source: Wiktionary
Un`der*bid", v. t.
Definition: 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.
Source: Webster’s Unabridged Dictionary 1913 Edition