Undercharge

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Undercharge

To assess a buyer too little for a product. For example, one may sell an antique car worth $50,000 for $10,000. Because pricing is somewhat subjective, it can be difficult to determine when someone has been undercharged.
References in periodicals archive ?
Since 2000, firms have paid the following for undercharging commercial customers:
Its Chief Constable Stephen House, in a report out next week, says: "Under the current charging regime, there is a constant, considerable undercharging of football clubs.
In the second undercharging incident of the week, our shopper was not charged for the Evian.
And he told the court: "In this town, day after day, there is gross undercharging of offences.
5 percent, said Bill Hall, the city's electrical services administrator, who noted that the city currently is undercharging those customers.
Customers risk being billed for the second "free" item and there was not a single instance of supermarkets undercharging.
Don't overcharge - Overcharging can damage a battery as quickly as undercharging.
You could be overcharging or, more importantly to you, undercharging and not making any profit.
An insurance company applying a single factor statewide might be overcharging in some areas, and undercharging in others, Tom Larsen, senior vice president, and David F.
Over-charging or undercharging the refrigerant could result in poor cooling performance, and even system failure.
Ofcom alleges that BT has been undercharging subscribers for broadband - and that it is able to do so because it owns the phone lines - making it difficult for rivals to compete.