underbids

Quotes prices beneath

Underbids is the third-person singular of underbid—to offer a lower price than someone else, especially in competitive bidding: She consistently underbids the competition on construction contracts.

It can also mean to bid less than the true value warrants: He underbids his hand in bridge.

contracts

lowball

Deliberately understate cost

proposal · quotation · estimate · procurement · cost estimate · contractor · subcontractor · loss leader · pricing · margin

strategy

lowball

Deliberately understate cost

  • bluffingDeceiving about one's position
  • feintDeceptive mock attack
  • gambitRisky opening for advantage

deception · psychology · outwit · ploy · subterfuge · calculation · anticipation · counterplay · mislead · underestimate

auctions

lowball

Deliberately understate cost

paddle · auctioneer · lot · hammer · gavel · provenance · valuation

bridge

contract

Enforceable written agreement

  • trumpSuit outranking all others
  • dummyLifelike substitute figure
  • declarerOne who states openly

vulnerable · overtrick · finesse · slam · grand slam · doubleton · ruff · singleton · no-trump · response

Opposites
bidding amount relative to value or competition

underbidsoverbids

Bids beyond worth

outbids · overprices · overpays · tops · exceeds

bidding strategy and competitiveness

underbidsoverbids

Bids beyond worth

overcharges · overvalues · marks up

Family

underbid, underbidding

Familiarity
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Used worldwide · Timeless · Rated G