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underquote: Meaning and Definition of

un•der•quote

Pronunciation: (un"dur-kwōt'), [key]
— -quot•ed, -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).
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
underprop underrate
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