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What is another word for underbid?

Pronunciation: [ˌʌndəbˈɪd] (IPA)

Underbid is a term used when bidding for a job, project or contract, which is when someone offers a lower price than their competitors. There are various synonyms for "underbid", including undercut, undersell, sub-bid, and lowball. Undercut refers to a situation where someone provides goods or services at a lower price than their competition. Undersell means selling products at a cheaper price than the competitors. Sub-bid means making an offer below the prevailing bid prices. Lowball refers to an offer made that is significantly lower than the expected price. All these synonyms for "underbid" carry the same meaning and used interchangeably in different contexts.
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What are the hypernyms for Underbid?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Underbid?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for underbid?

The word "underbid" means bidding for a lower amount than the actual value of something. Its antonyms include overbid, outbid, and surpass. When you overbid, you offer an amount higher than what is required or expected. Outbid, on the other hand, means to bid higher than someone else in a competition. Surpass, however, means to exceed expectations or standards without the need for a bidding process. In a nutshell, while underbidding seeks to reduce cost or value, overbidding, outbidding, and surpassing all strive to increase quality or value. It's important to understand these antonyms to ensure effective communication and avoid confusion in business deals or transactions.

What are the antonyms for Underbid?

Usage examples for Underbid

If foreign manufacturers can underbid home-producers, this is the best, and in fact the only conclusive proof that the things can be made more cheaply and successfully abroad.
"Political economy"
W. Stanley Jevons
No tradesman or manufacturer likes to see himself underbid by those who offer better goods at lower prices.
"Political economy"
W. Stanley Jevons
But everybody has his opinion one way or another about bad trade, or the effect of high wages, or the harm of being underbid by cheap labour, or any one of hundreds of questions of social importance.
"Political economy"
W. Stanley Jevons

Related words: underbid auction, underbid stock, underbidder, under bids list

Related questions:

  • "why did i use the word 'underbid'"? this word is related to the concept of an auction.

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