UNDERQUOTE Definition & Meaning

underquote

[ uhn-der-kwoht ]

Phonetic (Standard)IPA

underquoted, underquoting.

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).
to quote a price lower than that of (a specified competitor).

underquote

/ ˌʌ�Ի�əˈ��əʊ�� /

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

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First recorded in 1890–95; under- + quote

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Examples have not been reviewed.

Underquote, un-dėr-kwōt′, v.t. to offer at a lower price than another.

From

In Buenos Aires, annoyed and puzzled businessmen chiefly feared a rise in prices, since German firms usually underquote U.S. by 50%.

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