UNDERBID | English Meaning, Definition, and Pronunciation

Looking for the meaning of the word UNDERBID in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of UNDERBID with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.

Word: Underbid

Speech Type: Verb

Audio Pronunciation:
Phonetic Spelling: ˌʌndəˈbɪd
Dialects: British English
Definition:

(in an auction or competitive tendering) make a lower bid than (someone)

Short Definition:

make lower bid than

Examples:
  • they were underbid by competitors who charged less
  • underbidding for contracts is a road to ruin
Definition:

make a lower bid on (one's hand) than its strength warrants

Short Definition:

make lower bid on one's hand than its strength warrants

Examples:
  • the average player underbids his small hands

Word: Underbid

Speech Type: Noun

Audio Pronunciation:
Phonetic Spelling: ˈʌndəbɪd
Dialects: British English
Definition:

a bid that is lower than another or than is justified.

Short Definition:

bid that is lower than another or than is justified

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