underpayment
Americannoun
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underpayments
plural
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the act of paying less than is required or owed.
-
a payment which is lower than the money required or owed.
Other Word Forms
Noun Inflected Forms
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
See Examples For:
Increasing your income-tax withholding can help you avoid a large tax bill and possible underpayment penalties, although it won’t change the total amount of tax you ultimately pay.
From MarketWatch ● Sep. 30, 2026
The court ruled that in addition to owing back taxes and interest, Pesarik owed an accuracy penalty of 20% of his tax underpayment.
From The Wall Street Journal ● Mar. 6, 2026
That lack of care reportedly also extended to human employees, as D’Amaro’s division was forced by the federal Department of Labor to pay back wages to park workers who protested underpayment.
From Slate ● Feb. 4, 2026
Acknowledging the underpayment, Rayner said: "I deeply regret the error that has been made. I am committed to resolving this matter fully and providing the transparency that public service demands."
From BBC ● Sep. 4, 2025
His collection rate was about 95 percent; he attributed the underpayment to oversight, not fraud.
From "Freakonomics: A Rogue Economist Explores the Hidden Side of Everything" by Steven D. Levitt
But even that isn’t a useful number because it includes underpayments — where the federal government failed to pay money it should have.
From MarketWatch ● Jun. 4, 2026
But the alleged underpayments in his review totaled about $40,000—an average of $182 per claim.
From The Wall Street Journal ● May 14, 2026
According to the nonprofit Department of Angels, 70% of the roughly 2,000 insured Eaton and Palisades fire survivors who were surveyed said delays, denials and underpayments are “actively derailing recovery.”
From Los Angeles Times ● Sep. 27, 2025
The projected gross tax gap — made up of failed payments through nonfiling, underreporting and underpayments — doesn’t account for late payments or IRS enforcement.
From Seattle Times ● Oct. 12, 2023
For those with fluctuating incomes and family circumstances, this can lead to over- or underpayments.
From BBC ● Aug. 29, 2023
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