underquotev.
/ˌʌndəˈkwəʊt/, U.S. /ˌəndərˈkwoʊt/ transitive. To quote a lower price than.
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society > trade and finance > monetary value > price > pricing > attach a price to [verb (transitive)] > state price for goods or services > state lower price than
underquote1891
1891 Engineer 20 Feb. 156 In some instances merchants have been underquoting makers to the extent of 2s. 6d. to 5s. a ton.
1897 Westm. Gaz. 9 Sept. 8/1 The American competitors..are always ready to underquote the official prices.
This entry has not yet been fully updated (first published 1921; most recently modified version published online March 2022).
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