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English definition of “undercharge”

undercharge

verb [I or T]
 
 
/ˌʌndəˈtʃɑːdʒ/ FINANCE, COMMERCE
to ask someone to pay less than the real price or value of a product or service: The investigation found that some supermarkets were undercharging. Inspectors don't fail stores for undercharging customers, but it's still a problem.
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(Definition of undercharge verb from the Cambridge Business English Dictionary © Cambridge University Press)
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