[ uhn-der-let ]
/ ˌʌn dərˈlɛt /

verb (used with object), un·der·let, un·der·let·ting.

to let below the true value.
to sublet.

Origin of underlet

First recorded in 1670–80; under- + let1
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for underlet

  • At one time he wanted me to join him in renting several houses, then building in the Rue Montholon, to underlet them afterwards.

    Memoirs of Napoleon Bonaparte, Complete|Louis Antoine Fauvelet de Bourrienne
  • And he may underlet for any less number of years than he himself holds; but he is himself liable to the landlord.

British Dictionary definitions for underlet

/ (ˌʌndəˈlɛt) /

verb -lets, -letting or -let (tr)

to let for a price lower than expected or justified
a less common word for sublet

Derived forms of underlet

underletter, noun
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