Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “undercharge”


noun [C]     /ˈʌndətʃɑːdʒ/ FINANCE, COMMERCE
a request for payment that is less than the real price or value of a product or service: An electricity supplier can recover an undercharge for a maximum period of one year before the date of discovery.
→ Compare overcharge
(Definition of undercharge noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of undercharge

More Business English definitions for “undercharge”

Word of the Day

limber up

to do gentle exercises to stretch the muscles in order to prepare the body for more active physical exercise

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More