Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “underreport”

underreport

verb ( also under-report)
 
 
/ˌʌndərɪˈpɔːt/
[I or T] ACCOUNTING, FINANCE to say that you have done, earned, sold, etc., less than you really have: Some of the companies clearly underreport. They underreported revenues to secure public money for new stadiums.
[T] US TAX to record that you have earned less than you really have on your tax return (= a document in which income is reported each year so tax can be calculated): He under-reported his income by $548,000.
→  Compare overreport
(Definition of underreport from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of underreport?
Add Cambridge dictionaries to your browser to your website

Word of the Day

guru

a religious leader or teacher in the Hindu or Sikh religion

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More