verb (used with object), un·der·quot·ed, un·der·quot·ing.
Origin of underquote
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
to offer for sale (securities, goods, or services) at a price lower than the market price
(tr) to quote a price lower than that quoted by (another)
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