[ uhn-der-let ]
/ ˌʌn dərˈlɛt /
verb (used with object), un·der·let, un·der·let·ting.
to let below the true value.
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.The Government Class Book|Andrew W. Young
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 Formsunderletter, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012