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tr.v. un·der·priced, un·der·pric·ing, un·der·pric·es
1. To price lower than the real, normal, or appropriate value.
2. To sell at a lower price than (a competitor); undercut: one store that underpriced others of its kind.
(Commerce) (tr) to price (an article for sale) at too low a level or amount
v.t. -priced, -pric•ing.
1. to price (goods or merchandise) lower than the standard price.
2. to undercut (a competitor) by setting prices below actual cost.
Past participle: underpriced