underquotation

noun

underquotation

noun

Etymology From under- + quotation.

1

insufficient quotation

Unscrupulous members offered special discounts, illegal rebates, and unauthorized underquotations to outflank their conference partners, and blamed their agents or 'invented' competition to justify these tactics.1977, Desmond Christopher Martin Platt, Business Imperialism, 1840-1930, page 148:

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