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underbidding

/ˌʌn.dəˈbɪd.ɪŋ/

/ˌʌn.dɚˈbɪd.ɪŋ/

underbiddingnoun

underbiddings

Translations

занижение цены

The company won the contract by underbidding its competitors.

Компания выиграла контракт, занизив цену по сравнению с конкурентами.

Definitions

The act of offering a lower price than a competitor for a contract or job.

The company's underbidding strategy helped them secure the construction project.

A bid that is lower than the value or worth of the item or service being offered.

His underbidding on the antique vase surprised everyone at the auction.

Synonyms

bidding low

low bid

undercutting

competitive bidding

underbiddinggerund / present participle

/ˌʌndəˈbɪdɪŋ/

/ˌʌndərˈbɪdɪŋ/

Used attributively to describe entities that submit lower bids than competitors.

Definitions

Offering or characterized by bids that are lower than those of competitors or than the perceived value.

The underbidding contractors quickly won most of the public tenders.

underbidverb

underbidding

Gerund

underbid

Past Simple

underbid

Past Participle

underbidding

Gerund

/ˌʌn.dəˈbɪd/

/ˌʌn.dɚˈbɪd/

Translations

перебивать цену

He tried to underbid his competitors to win the contract.

Он попытался перебить цену своих конкурентов, чтобы выиграть контракт.

Definitions

To offer a lower price than a competitor, especially in a bidding process.

The company decided to underbid its rivals to secure the construction contract.

To bid less than the value or worth of something.

He underbid the painting at the auction, not realizing its true value.

Synonyms

outbid

undercut

bid lower

offer less

underbidnoun

Definitions

A bid that is lower than another bid or lower than the value of the item being bid on.

The auctioneer was surprised by the underbid, as the painting was worth much more.

underbidpast participle

Definitions

Having been offered or secured for less than a competing bid or below its true value.

The underbid contract eventually led to cost overruns.