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Noun(1) a price that is too low(2) an insufficient charge
Verb(1) charge (someone

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(1) ├ö├ç├┐The developer in both cases had paid the agreed contribution and as a result the undercharge is uncollectable,├ö├ç├û he said.(2) This process does transfer ground rent from areas of overcharge to areas of undercharge .(3) Companies consistently undercharge for products despite spending millions or even billions of dollars to develop or acquire them.(4) Your letter mentions that checkers who undercharge are made to pay the undercharge and are also suspended from work.(5) He also makes sure to keep prices competitive, which means he doesn't overcharge for a service, but he doesn't undercharge either.(6) In former years it was possible to argue that if a Vat undercharge resulted in no loss of Revenue (because the customer could have reclaimed the Vat), Revenue should not pursue the matter.(7) I am not sure this does explain it, however, since many state law schools undercharge the market rate.(8) It's obviously not in their interest to undercharge me, and it's not in their interest to overcharge me, either, since the burger business is a competitive one.(9) He hooks up with a grocery store cashier who undercharges poor people and steals food from the store to help her aging friend, a veteran of the Resistance.(10) He said he didn't really know how to go about setting prices, and he thought he might be undercharging his customers, perhaps by a substantial amount.(11) In the midst of it, I interjected and offered to pay the sixteen bucks I'd been undercharged but someone - he may have been the guy who owned the place since he seemed to be doing the firing - said, ├ö├ç├┐No, that's okay.├ö├ç├û(12) One of the primary concerns resulting from this survey is that respondents were undercharging for their services; for some fee categories, minimum fees were as low as $8.00 per hour.(13) If the system is overcharged or undercharged with refrigerant, it will not work properly.(14) When I got home, I noticed that I was undercharged .(15) Mr Crowe said many of the customers who were undercharged were less well-off and were already struggling to pay for their electricity using the pre-paid card system.(16) Our bill came to a more than reasonable Ôö¼├║14.95, which we queried as we thought we had been undercharged , but no, I just can't add up.