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underbid
1 ENTRIES FOUND:
underbids; underbid; underbidding
underbids; underbid; underbidding
Learner's definition of UNDERBID
[+ object]
: to offer to do work for less money than (another person or group) : to bid less than (someone else)出价低于（他人）
- We were underbid by another company [=another company offered to do a job for less money than we did] and we lost the contract.另一家公司要价比我们低，因此我们失去了这份合同。
Example Sentences
Recent Examples on the Web Three separate divisions within that bank underbid each other to have rights to the line of credit. 
Zenger News, Forbes, 11 June 2021 Documents from the review cite concerns after G4S slashed wages to underbid competitors and then hired untrained guards when others quit. USA Today, 31 Oct. 2019 The primary example concerns a case from the 1970s in which the AIA suspended Aram Mardirosian for seeking a contract that was already awarded to another architect by underbidding him. Diana Budds, Curbed, 5 Aug. 2019 Jeff Eller, spokesman for the Rail Security Alliance, a group of American rail car companies, said CRRC is supported by the government of China and can underbid on contracts with no market consequences, which is unfair to other companies. Mary Wisniewski, chicagotribune.com, 5 Aug. 2019 Working-class Americans aren’t lazy or xenophobic, but they are deeply underbid by immigrants. WSJ, 13 July 2018 Outsourcers underbid in the hope that subsequent amendments to the contract—extra charges here and there—will eventually yield some profits. The Economist, 28 June 2018 Carillion’s demise was likely caused by a combination of rapid expansion and underbidding for contracts that have had low margins since the financial crisis, analysts say. Kimiko De Freytas-tamura, New York Times, 15 Jan. 2018 The company has already drawn flack for massively underbidding competitors. Jason Laughlin, Philly.com, 12 Oct. 2017 See More
Zenger News, Forbes, 11 June 2021 Documents from the review cite concerns after G4S slashed wages to underbid competitors and then hired untrained guards when others quit. USA Today, 31 Oct. 2019 The primary example concerns a case from the 1970s in which the AIA suspended Aram Mardirosian for seeking a contract that was already awarded to another architect by underbidding him. Diana Budds, Curbed, 5 Aug. 2019 Jeff Eller, spokesman for the Rail Security Alliance, a group of American rail car companies, said CRRC is supported by the government of China and can underbid on contracts with no market consequences, which is unfair to other companies. Mary Wisniewski, chicagotribune.com, 5 Aug. 2019 Working-class Americans aren’t lazy or xenophobic, but they are deeply underbid by immigrants. WSJ, 13 July 2018 Outsourcers underbid in the hope that subsequent amendments to the contract—extra charges here and there—will eventually yield some profits. The Economist, 28 June 2018 Carillion’s demise was likely caused by a combination of rapid expansion and underbidding for contracts that have had low margins since the financial crisis, analysts say. Kimiko De Freytas-tamura, New York Times, 15 Jan. 2018 The company has already drawn flack for massively underbidding competitors. Jason Laughlin, Philly.com, 12 Oct. 2017 See More Word History
First Known Use
circa 1677, in the meaning defined at transitive sense 1
Time Traveler
The first known use of underbid was circa 1677 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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