underbid
Meanings
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Noun
A bid that is lower than the prevailing or expected price.
Rhymes
Words rhyming with underbidbid , kid , hid , rid
Variants
List of all variants of underbid that leads to same resultunderbid , underbidder , underbidders , underbidding , underbids
Etymology
origin and the way in which meanings have changed throughout history.Derived from the Old English word 'underbidan' meaning 'to offer less than'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
Did you know that underbidding is a common strategy used in auctions to secure a better deal?
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Underbidding can also refer to a situation in which an employee offers to work for a lower wage than their colleagues.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
Bid: The act of offering a price to buy or sell something.
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Auction: A process of buying and selling goods or services by offering bids, typically in ascending order.
How to Memorize "underbid"
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visualize
- Imagine a bidding war where one participant offers a lower price than the others.
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associate
- Associate the word 'underbid' with the idea of offering a lower price than competitors.
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mnemonics
- Use the mnemonic 'Under, I bid, less than others' to remember the meaning of 'underbid'.
Memorize "underbid" using Dictozo
The best and recommended way to memorize underbid is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.