underquote

VERB
  1. offer for sale at a price lower than the market price
  2. quote a price lower than that quoted by (another seller)
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How To Use underquote In A Sentence

  • Note also that the price is a quote, so the company that underquotes the cost by the most has the greater chance of winning the contract.
  • Estate agents who willfully underquote houses going to auction will apparently get big fines with a new investigation.
  • Often this is an honest mistake, but other times outsourcers may underquote on purpose, just to get the business.
  • Tell him the cost of a T-shirt and he would gape in disgusted wonder no matter what price you quote - even if you underquote the price 5 times.
  • Also be aware of an agent that overquotes to sellers and underquotes to buyers, says Jenman.
  • They misrepresent the number of properties they offer, underquote rent and generally engage in deceptive business practices.
  • ‘Most agents do, it's just a matter of picking which ones underquote by 5 per cent, which do it by 10 per cent and which do it by more,’ he said.
  • A mover can underquote you on purpose or by accident then claim for extra money because the end volume of the consignment doesn't correspond to the volume quoted.
  • Our system is not set up to calculate international shipping and underquotes international shipping rates.
  • Shop rate is $60 per hour and he usually underquotes the time it will take but always bills you what you agree upon.
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