underquoting

[US]/ˌʌndəˈkwəʊtɪŋ/
[UK]/ˌʌndərˈkwoʊtɪŋ/

Translation

v.to offer a price lower than the market rate

Phrases & Collocations

underquoting risk

underquoting strategy

underquoting issue

underquoting practice

underquoting trend

underquoting example

underquoting analysis

underquoting report

underquoting policy

underquoting challenge

Example Sentences

underquoting can lead to financial losses for businesses.

many contractors are accused of underquoting to win bids.

underquoting is a common tactic in competitive markets.

we need to avoid underquoting to ensure project profitability.

clients often prefer lower prices, but underquoting can backfire.

underquoting can damage a company's reputation in the long run.

it's essential to analyze costs carefully to avoid underquoting.

underquoting may attract more clients initially, but it is unsustainable.

regulatory bodies are monitoring underquoting practices in the industry.

underquoting can create unhealthy competition among service providers.

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