Underbid

[ʌndə'bɪd] or [,ʌndɚ'bɪd]

(verb.) bid too low.

(verb.) bid lower than a competing bidder.

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

Checker: Wade--From WordNet

(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.

Inputed by Edna

v.t. to bid or offer less than as at an auction.

Checked by Harlan