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verb
Bid (a hand of cards) at less than the strength of the hand warrants.
is a specific kind of: bid, call.
Bid lower than a competing bidder.
is a specific kind of: bid, offer, tender.
domain category: auction, auction sale, vendue.
is the opposite of: outbid.
Bid too low.
is the opposite of: overbid.
Find more on underbid elsewhere: etymology - rhymes - Wikipedia.
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