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underquote

[ uhn-der-kwoht ]

verb (used with object)

, un·der·quot·ed, un·der·quot·ing.
  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).

underquote

/ ˌʌndəˈkwəʊt /

verb

  1. to offer for sale (securities, goods, or services) at a price lower than the market price
  2. tr to quote a price lower than that quoted by (another)

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Word History and Origins

Origin of underquote1

First recorded in 1890–95; under- + quote

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