verb (used with object), un·der·quot·ed, un·der·quot·ing.
- to offer (stocks, merchandise, etc.) at a price lower than the market price or some other quoted price; offer at a price reduced by (a specified amount).
- to quote a price lower than that of (a specified competitor).
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for under-quote
- to offer for sale (securities, goods, or services) at a price lower than the market price
- (tr) to quote a price lower than that quoted by (another)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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