Underpayment

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Underpayment

The act of paying an amount under the full amount. For example, if one's mortgage payment is $600 per month but one only pays $400 for July, one has underpaid the mortgage. Underpayment is not sustainable and may lead to serious financial difficulties. However, paying what one can afford when one cannot pay the full amount may be easier for both the obligor and the obligee.
References in periodicals archive ?
Uniform deductions was the main reason firms failed to pay the wage, the Government says, while underpaying apprentices and not paying travel time were also key factors.
But underpaying can be even more serious, potentially leading you into debt.
The report also estimated that airlines are underpaying the TSA by some USD14.5m annually in passenger security fees.
Underpaying workers and overusing antibiotics may offer a short-term competitive edge, but it's a potentially disastrous recipe in today's global market.
Help the Aged demanded action after it was revealed that the national insurance computer, NIRS2, has been underpaying pensioners for years.
The union also alleges that Golden Mark was charged by the National Labor Relations Board for repeatedly violating federal labor law and paid $190,000 to settle a lawsuit under the Fair Labor Standards Act charging the company with underpaying over 100 workers, according to the release.
Too many companies are still underpaying highly qualified and dedicated people.
Federal law prohibits the state from disclosing the names of the companies who are underpaying the system, but the ESD plans to notify the companies of the seminars, he says.
The bill is intended to resolve hardships created when Congress, in November 1991, repealed the safe harbor certain taxpayers relied on to avoid a penalty for underpaying estimated taxes.
Maniacally overbuilt in response to the promise of guaranteed Medicare revenues, then left with excess capacity in the wake of mandated cost controls, hospitals are now struggling to make up the difference by fighting one another for patients and by pushing high-end elective surgeries and contrived substance abuse and "health-enhancement" programs, while discharging nonessential staff and overworking and underpaying those who remain--not the indicators of an industry in good shape.
"As alleged in this case, the defendants devalued their workers' livelihoods, underpaying them and insuring them for lower-risk work while simultaneously sending them to carry out complicated construction projects.
BIRMINGHAM City FC was among almost 180 employers named and shamed by the Government for underpaying minimum wage workers.