underlet

American  

[uhn-der-let] / ˌʌn dərˈlɛt /

verb (used with object)

underlet, underletting

1. to let below the true value.

2. to sublet.

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underlet British  

/ ˌʌndəˈlɛt /

verb

1. to let for a price lower than expected or justified

2. a less common word for sublet

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Other Word Forms

• underletter
  noun

Etymology

Origin of underlet

First recorded in 1670–80; under- + let ¹

Example Sentences

The lease and furniture were left to an old lady, who was not to underlet the house nor sell the things. 

From In the Wrong Paradise by Lang, Andrew

The landlord also usually agrees to repair, and often to renew the lease, and the lessee to pay rent, to insure and not to assign or underlet, without the landlord's consent.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

They underlet estates which they had to manage; and anticipating the owner's necessities, the estates in due time became cheap purchases for Audley and the stewards.

From Curiosities of Literature, Vol. 2 by Disraeli, Isaac

Church lands had always been underlet; the monks were easy landlords.

From London and the Kingdom - Volume I by Sharpe, Reginald R. (Reginald Robinson)

Before telling Oakes of my intentions towards him, I simply informed him, that I had purchased the eighth share in our claim, and offered to underlet it to him.

From Lost Lenore The Adventures of a Rolling Stone by Beach, Charles A.