UNDERPRICE


Meaning of UNDERPRICE in English

/un'deuhr pruys"/ , v.t., underpriced, underpricing .

1. to price (goods or merchandise) lower than the standard price or fair value.

2. to undercut (a competitor) by underselling or setting prices below actual cost.

[ 1750-60; UNDER- + PRICE ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .