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.
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References in periodicals archive ?
When the system is undercharged to the point where the receiver is empty, there should be two-phase refrigerant in the liquid line.
Billed as "a real telenovela," the drama is too often undercharged and inert, and the stiffly uncomfortable actors fail to provide much heat.
The survey revealed that consumers were undercharged more than they were overcharged.
"In total, the investigators spent $3,067.31; they were overcharged $170.15 and undercharged $11.30," the survey stated.
In PFMA's latest round of inspections, the average amount undercharged was 39 cents; the average amount overcharged was 30 cents.
If the resulting unpaid balance is higher, the borrower was undercharged. If the balance is lower, the borrower was overcharged.
In a sampling of 45 manually calculated returns, the IRS "improperly and inconsistently" overcharged or undercharged the interest owed in 16--more than one in three.
The Negotiated Rates Act of 1993 (NRA) will provide some relief for shippers or receivers who used undercharged rates.
Further examination revealed the senior partner had consistently undercharged the partnership for accounting services by 30% to 50%.
"It's grossly undercharged. It should have been charged as violent disorder.
They answered and were told they had been UNDERCHARGED for their meal by PS9.50.