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Definition of Underquote
1. Verb. Offer for sale at a price lower than the market price.
Generic synonyms: Price
2. Verb. Quote a price lower than that quoted by (another seller).
Generic synonyms: Quote
Definition of Underquote
1. Verb. To give a quotation that is too low, or is lower than that offered by others ¹
¹ Source: wiktionary.com