verb (used with object), un·der·quot·ed, un·der·quot·ing.
- 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).
- to quote a price lower than that of (a specified competitor).
verb
- to offer for sale (securities, goods, or services) at a price lower than the market price
- (tr) to quote a price lower than that quoted by (another)