Definition of “underdeveloped” - English Dictionary

“underdeveloped” in Business English

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underdevelopedadjective

uk /ˌʌndədɪˈveləpt/ us /-dɚ-/

ECONOMICS having little or no modern industry, few modern services, and a weak economy:

Many of these regions are very underdeveloped.

not as advanced or powerful as possible or expected:

They have a good brand name but it is underdeveloped.
The reason for the underdeveloped state of the country's capital markets is decades of economic mismanagement.

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(Definition of “underdeveloped” from the Cambridge Business English Dictionary © Cambridge University Press)

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