Meaning & use

underbid

verb·Advanced

Last updated

UK/ˌʌndəˈbɪd/
US/ˌʌndərˈbɪd/

Meanings

  1. verbtransitive or intransitive

    To offer a lower price than another person or company in order to win a contract or deal.

    Grammar: Can be used with an object (underbid someone) or without (we underbid to win).

    Patterns

    • underbid someone
    • underbid for something
    • underbid on something

    The construction firm underbid its rivals and won the contract.

    If you underbid too much, you may not make a profit.

    She underbid on the house but still didn't get it.

  2. verbtransitive or intransitivetechnical

    In card games, to bid less than the value of one's hand.

    Grammar: Used in games like bridge; often followed by a number or 'one's hand'.

    Patterns

    • underbid one's hand
    • underbid a contract

    He underbid his hand and missed a chance to win the game.

    In bridge, it's sometimes wise to underbid to mislead opponents.

Word forms

third person singularunderbids
past tenseunderbid
past participleunderbid
-ing formunderbidding

Common combinations

underbid a competitor
They underbid their competitor by 10%.
underbid on a contract
Several companies underbid on the government contract.
underbid for a project
The startup underbid for the project to gain experience.
underbid by a large margin
He underbid by a large margin and still lost.

Synonyms and how they differ

undercut
Often used when selling goods or services at a lower price than competitors; underbid is more specific to bidding for contracts.
outbid
Means to offer a higher price than someone else, the opposite of underbid.

Opposites

outbidoverbid

Word family

underbidder noun
A person or company that underbids.
underbidding noun
The act of making a lower bid.

Commonly confused: underbid or outbid? underbid or underwrite?

underbid vs outbid

Outbid means to bid higher than someone else; underbid means to bid lower. They are opposites.

underbid vs underwrite

Underwrite means to accept financial risk or guarantee payment; it is not related to bidding.

Practice

The company decided to ______ its competitors to win the contract, even if it meant smaller profits.

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