underpricing
|un-der-pric-ing|
🇺🇸
/ˌʌndərˈpraɪsɪŋ/
🇬🇧
/ˌʌndəˈpraɪsɪŋ/
(underprice)
set price below value
Etymology
'underpricing' originates from the combination of 'under-' meaning 'below' and 'pricing' from 'price,' which means 'to set a value.'
'Underpricing' evolved from the Old English word 'under' and the Middle English 'pricen,' eventually forming the modern English term 'underpricing.'
Initially, it meant 'to set a price below value,' and this meaning has largely remained the same in modern usage.
Meanings by Part of Speech
Noun 1
the act of setting a price lower than the market value or cost.
The underpricing of the product led to increased sales.
Synonyms
Antonyms
Verb 1
to set a price lower than the market value or cost.
The company decided to underprice its new line of products.
Synonyms
Antonyms
Last updated: 2025/01/18 09:43