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English definition of “underbid”


verb [T]     /ˌʌndəˈbɪd/ (underbidding, underbid, underbid) COMMERCE
to offer to do work or provide a service for a lower price than someone else : They stopped bidding for airport contracts because they were routinely underbid by cheaper providers .
(Definition of underbid verb from the Cambridge Business English Dictionary © Cambridge University Press)
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