ˈunderˌbidder
[under-1 10 b.]
1. One who offers a price next below the highest bid.
| 1883 Daily News 13 July 3/6 Mr. H. Stevens..in this case was the underbidder at 600l., the book being bought by Mr. Quaritch for 605l. |
2. Bridge. A player who under-bids.
| 1923 [see overbid v. 2 c]. 1945 ‘S. J. Simon’ Why you lose at Bridge 58 On the cancelled hands, both overbidder and underbidder remain oblivious of their enormities. |