un·der·cap·i·tal·ize (ŭn'dər-kāp'ĭ-tl-īz') tr.v.
un·der·cap·i·tal·ized, un·der·cap·i·tal·iz·ing, un·der·cap·i·tal·iz·es To supply (a business or government, for example) with so little capital that operations are hindered. un'der·cap'i·tal·i·za'tion (-ĭ-zā'shən) n.