Undercharged: meaning, definitions and examples

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undercharged

 

[ ˌʌndərˈtʃɑrdʒd ]

Verb
Context #1 | Verb

financial context

Undercharged means to have charged someone less than the standard, expected, or appropriate amount for a service or product. This can result from a mistake, oversight, or deliberate strategy to attract customers. It often leads to revenue loss for businesses and may create complications if customers discover discrepancies later. Understanding undercharging is crucial for maintaining fair pricing strategies.

Synonyms

discounted, underpriced, undervalued.

Examples of usage

  • The store undercharged me for the groceries.
  • He was undercharged for his car repairs.
  • The ticket was accidentally undercharged, causing confusion at the kiosk.

Translations

Translations of the word "undercharged" in other languages:

🇵🇹 subcarregado

🇮🇳 कम चार्ज किया गया

🇩🇪 untergeladen

🇮🇩 kurang dikenakan biaya

🇺🇦 недостатньо заряджений

🇵🇱 niedostatecznie obciążony

🇯🇵 過少に請求された

🇫🇷 sous-facturé

🇪🇸 subcargado

🇹🇷 yetersiz ücretlendirilmiş

🇰🇷 저렴하게 청구된

🇸🇦 مُحَمّل أقل

🇨🇿 nedostatečně účtováno

🇸🇰 nedostatočne účtované

🇨🇳 收费不足

🇸🇮 premalo zaračunano

🇮🇸 ofmetið of lítið

🇰🇿 аз бағаланған

🇬🇪 არასაკმარისად დაჯარიმებული

🇦🇿 az qiymətləndirilmiş

🇲🇽 subcargado

Etymology

The term 'undercharged' is derived from the prefix 'under-' meaning 'less than' or 'below', and the verb 'charge' which originates from Middle English 'chargen' (to impose a burden), from Old French 'charger' (to load or burden). The use of 'undercharged' in financial contexts has gained prominence with the rise of consumer awareness and pricing strategies in commerce. Historically, businesses might undercharge intentionally to establish a customer base, but this practice can lead to disputes if not communicated clearly. The evolution of the term reflects broader economic principles, emphasizing the importance of transparent pricing mechanisms.