underquote
Bid below competitors
To underquote is to offer a price lower than a competitor's, or to quote a price below the actual cost or value.
Businesses underquote to win contracts: They underquoted the job just to get the work.
It can also mean to quote less text than expected or appropriate from a source.
Deliberately understate cost
- underestimateJudge too low
- underpriceCharge below value
- underbidOffer lower price
- undercutSell cheaper than rivals
discount · depreciate · devalue · understate · minimize · undercharge · undersell · bargain
Offer to purchase
- askSeek an answer
- spreadTo distribute widely
- dealerOne who sells goods
- traderOne who transacts commercially
securities · stocks · bonds · commodities · exchange · liquidity · volume · execution
Printing mistake
- miscalculationError in estimation
- inaccuracyLack of precision
- underestimationJudging below actual value
- discrepancyDifference between expected and actual
oversight · correction · underbilling · misstatement · underreporting · omission · slip · blunder
lowball
Deliberately understate cost
- underestimateJudge too low
- underpriceCharge below value
- underbidOffer lower price
undercut · discount · depreciate · devalue · understate · minimize · undercharge · undersell · bargain
bid
Offer to purchase
trader · securities · stocks · bonds · commodities · exchange · liquidity · volume · execution · clearing
typo
Printing mistake
- miscalculationError in estimation
- inaccuracyLack of precision
- underestimationJudging below actual value
discrepancy · oversight · correction · underbilling · misstatement · underreporting · omission · slip · blunder · amendment
underquoteovercharge
Demand excessive payment
overprice · overestimate · inflate · mark up · gouge