Pronunciation: [ˌʌndəbˈɪd] (IPA) 
The word "underbid" is spelled as /ˌʌn.dərˈbɪd/. The first syllable is pronounced as "un" with a schwa sound at the start, followed by a clear "d" sound. The stressed vowel is "i" pronounced as "ih", followed by a "b" sound and a "d" sound. The word means to bid lower than someone else in a competition or auction. Proper spelling is important to ensure effective communication and understanding between individuals.
Underbid is a verb that refers to the act of making an offer that is lower or less valuable than the bids provided by others in a competitive situation, such as an auction or a tender process. It involves submitting a proposal or a price estimate that is lower than what has been anticipated or already offered by others for a particular product, service, or project. By underbidding, a person or organization aims to secure the opportunity or contract by offering a more appealing or cost-effective deal to the buyer or the entity in charge.
The term can also be used in a more general sense, beyond financial transactions. In this context, it can be defined as an action where someone offers a suggestion, solution, or alternative that is considered to be substandard or inadequate when compared to other options that are available. Underbidding can potentially lead to negative consequences, such as compromising quality or value, or even losing out on a beneficial opportunity. It is important to carefully evaluate the implications of underbidding in order to make informed decisions.
Overall, underbidding is the act of presenting an offer or suggestion that is lower in value or quality compared to others, either in terms of financial figures or overall desirability. It is a strategic move that aims to secure opportunities or contracts by providing a more attractive proposition.
To offer for a thing less than the value, or than is offered by another.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "underbid" is derived from the combination of two words: "under" and "bid".
The term "under" comes from Old English "under", which has Germanic roots and is related to the Old High German word "untar" and the Gothic word "undar". It originally meant "beneath" or "lower in position".
The word "bid" comes from the Old English word "biddan", which means "to ask" or "to demand". It is also related to the Old High German word "bitten" and the Gothic word "bidjan". Over time, the meaning of "bid" expanded to include "to offer a price" in English.
When these two words are combined, "underbid" refers to offering a lower bid or proposal in a competitive bidding process or negotiation.
