0 the situation when an organization, etc. is given less money than it needs:
1 a situation in which something is given less money than it needs:
The chronic underfunding of the plan has resulted in a $64.8 million shortfall.
After years of underfunding and mismanagement, the business was on the brink of bankruptcy.
The district has faced decades of underfunding, and many of its students come from families who live in poverty.
This has led to a systemic underfunding of the nutritional needs of these people for nearly 4 decades.
They want action to deal with historic underfunding of the border region and they want it now.
The city's pension deficit is attributable to underfunding dating back many years.
He cited intentional underfunding of the employee pension fund.
The police suffered from poor motivation, underfunding, low and irregular pay, and lack of training and basic equipment.
In particular, we find that guarantee funds may promote underfunding instead of reducing it.
In equilibrium, there is no underfunding of pensions even in the absence of tax incentives to fund pensions.
