Definition of underprice in English:

underprice

Line breaks: under|price
Pronunciation: /ʌndəˈprʌɪs
 
/

verb

[with object]
1Sell or offer at too low a price: water shares were underpriced
More example sentences
  • By the late 1980s, the company had lost significant market share and had to underprice its products to keep them viable.
  • Some say insurers had underpriced their policies to build market share and then, in 2002, raised rates in hopes of recouping their losses.
  • Many companies deliberately underpriced policies to boost market share.
1.1Sell or offer something at a lower price than (the competition): Wal-Mart has underpriced its traditional competitors
More example sentences
  • Firms with poor prospects are reluctant to underprice because they are not likely to have the opportunity to make this up on a second offering of equity.
  • I hadn't studied my competition and I didn't know what they were charging, so I underpriced.
  • Well, from a competitive strategy standpoint, the reader is absolutely correct; the pharma companies will not underprice themselves in the Canadian market if it threatens their US profits.

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Word of the day neoteny
Pronunciation: nēˈätn-ē
noun
retention of juvenile features in the adult animal