underquote

present singular third person underquotes · participle present underquoting · participle past underquoted · past underquoted

1. ambitransitiveTo give a quotation that is too low, or is lower than that offered by others

   If you underquote and call them back with a higher price, chances are they'll say to go ahead, but next time they have a repair, they may go to somebody else.

   1993, American Lutherie

   1 more example

   Many a salesman is told that the opposition has underquoted him. To the live-wire salesman this is no signal of defeat. If he conducts a showdown then and there, as likely as not he will find that he has not really been underquoted if value is considered.

   1936, Printing, volume 60, page 28