- underquote
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/un'deuhr kwoht"/, v.t., 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).[1890-95; UNDER- + QUOTE]
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Universalium. 2010.