under-quote









under-quote


verb (used with object), un·der·quot·ed, un·der·quot·ing.

  1. to offer (stocks, merchandise, etc.) at a price lower than the market price or some other quoted price; offer at a price reduced by (a specified amount).
  2. to quote a price lower than that of (a specified competitor).

verb

  1. to offer for sale (securities, goods, or services) at a price lower than the market price
  2. (tr) to quote a price lower than that quoted by (another)
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