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underquote

[uhn-der-kwoht] /ˌʌn dərˈkwoʊt/
verb (used with object), underquoted, underquoting.
1.
to offer (stocks, merchandise, etc.) at a price lower than the market price or some other quoted price; offer at a price reduced by (a specified amount).
2.
to quote a price lower than that of (a specified competitor).
Origin
1890-1895
1890-95; under- + quote
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for underquote

underquote

/ˌʌndəˈkwəʊt/
verb
1.
to offer for sale (securities, goods, or services) at a price lower than the market price
2.
(transitive) 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
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