Definition of "underbidding" [underbidding]

• Present participle of underbid. (verb)

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• "Gyros designed by men who spent too much of their youth watching cartoons and built by companies who get work by underbidding everyone else."
• "It prevents a non-union contractor from severely underbidding a union contractor by offering poverty wages."
• "The persistent high level of lending raises concerns that a bank or group of banks in the euro zone may be facing serious funding problems, although a widely-circulated hypothesis holds that the phenomenon may be due to a bank inadvertently "underbidding" at this week's seven-day tender, forcing it to seek funds overnight at the penalty rate."