Definition of Underbid. Meaning of Underbid. Synonyms of Underbid

Here you will find one or more explanations in English for the word Underbid. Also in the bottom left of the page several parts of wikipedia pages related to the word Underbid and, of course, Underbid synonyms and on the right images related to the word Underbid.

Definition of Underbid

Underbid
Underbid Un`der*bid", v. t. To bid less than, as when a contract or service is offered to the lowest bidder; to offer to contract, sell, or do for a less price than.

Meaning of Underbid from wikipedia

- Commissioner Karel De Gucht found that Huawei leveraged state support to underbid competitors by up to 70 percent. In 2011, a report by the Open Source Enterprise...
- the Model 1100 did not receive a production contract after Hiller was underbid by the rival Hughes Tool Co. Aircraft Division's OH-6 Cayuse in 1965. Shortly...
- to test the ammunition and win the contract, though Efraim learns they underbid their competitors by $50 million. Iz, frustrated with David's lies, leaves...
- then the bidder would lose the item with a truthful bid as well as an underbid, so the strategies have equal payoffs for this case. If max j ≠ i b j <...
- business from the buyer and prices will typically decrease as the sellers underbid each other. A reverse auction is similar to a unique bid auction because...
- Edison General Electric re-bid their costs at $554,000 but Westinghouse underbid them by 70 cents per lamp to get the contract. Westinghouse could not use...
- known as Turkey Springs in the Apache-Sitgreaves National Forest when he underbid two other contractors. The Turkey Springs job called for the thinning of...
- Remington Products and United Pet Group. In 2004, Rayovac successfully underbid Energizer (Eveready) as RadioShack's battery supplier and produced the...
- tank. In a new round of production bids for the M48A2, General Motors underbid Chrysler, and in September 1953 Army Secretary Robert T. Stevens awarded...
- they did not continue in the railcar business, as competitors may have underbid on a key contract[citation needed] and the post-Vietnam War military build-up...