0 to charge someone less than the correct price for something:
1 to ask someone to pay less than the real price or value of a product or service:
The investigation found that some supermarkets were undercharging.
Inspectors don't fail stores for undercharging customers, but it's still a problem.
2 a request for payment that is less than the real price or value of a product or service:
Now, all of a sudden, many of them appear to be protesting about undercharging.
If anybody is undercharging, put the snoopers in.
Everything is done to avoid unfairness, because some consumers might be overcharged and others undercharged.
If that is the case, why do those administrative difficulties always result in overcharging, never in undercharging?
I can understand that a local authority should be penalised for undercharging rents to the extent that its rent account is heavily overdrawn.
They tell us that there was an error in their previous price lists which led to some customers being undercharged.
It is only the undercharging provision which will—in my view, quite properly—lapse with the deficit grant.
The bank's immediate response was to say that its own review of the account showed not an overcharge, but an undercharge of £650.