underquote
Verb
To give a quotation that is too low, or is lower than that offered by others
Usage- Transitive or intransitive
- Examples
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More examples (1)
Many a salesman is told that the opposition has underquoted him. To the live-wire salesman this is no signal of defeat. If he conducts a showdown then and there, as likely as not he will find that he has not really been underquoted if value is considered.
If you underquote and call them back with a higher price, chances are they'll say to go ahead, but next time they have a repair, they may go to somebody else.
Verb
offer for sale at a price lower than the market price
- Broader terms
quote a price lower than that quoted by (another seller)
- Broader terms
Word forms
underquotesunderquotingunderquotedunderquoted