Underbid (verb)

  1. To make an offer for something at a lower price than someone else.
  2. To bid less than the actual or expected value of something, often resulting in a missed opportunity.

Origin:

From 'under-' meaning less than or inferior to and 'bid' meaning to offer or propose a price.

Examples:

  1. The buyer underbid the asking price for the house, hoping to negotiate a lower price.
  2. The company underbid its competitors for the construction project, offering a lower price and winning the bid.
  3. The art collector regretted underbidding on the painting, which ended up selling for a much higher price at the auction.
  4. The investor underbid on the stock, but it quickly rose in value, causing him to miss out on a good opportunity.
  5. The contractor underbid the cost of the project, but soon discovered that the actual expenses were much higher than anticipated.
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