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

On the completion of the improvements the selector becomes entitled to a lease of the farm, and may thereafter mortgage it; or, with the permission of the Minister, may subdivide or transfer it; or, with the approval of the Court, may underlet it.

From Project Gutenberg

When a Grazing Farm is enclosed in the manner required, the selector becomes entitled to a lease of it, and may thereafter mortgage it; or, with the permission of the Minister, may subdivide or transfer it; or, with the approval of the Court, may underlet it.

From Project Gutenberg

Underlet, un-dėr-let′, v.t. to let below the proper value: to sublet.—ns.

From Project Gutenberg

Bales probably rented the house, and underlet such portions as he did not require; for at the end of Ripley’s Compound of Alchemy, 1591, Rabbards, the translator, asks those who had any corrections to suggest in the text to send them to him at the house of Peter Bales.

From Project Gutenberg

Fearing that the other share might fall into the hands of some trifler like the rest of my original partners, I purchased it myself; and then underlet it to a young fellow, with whom I had formed an acquaintance.

From Project Gutenberg