Share this entry

Share this page

underquote

Line breaks: under|quote
Pronunciation: /ʌndəˈkwəʊt
 
/

Definition of underquote in English:

verb

[with object]
Give too low an estimated cost for (a commodity or service): he said that he had underquoted the job and had run out of money
More example sentences
  • Our system is not set up to calculate international shipping and underquotes international shipping rates.
  • Well, agents found guilty of underquoting face the loss of their licence and fines of up to $22,000.
  • Also be aware of an agent that overquotes to sellers and underquotes to buyers, says Jenman.

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day resilient
Pronunciation: rɪˈzɪlɪənt
adjective
able to recoil or spring back into shape…