Meaning of the word undercharge in English

What does undercharge mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

undercharge

US /ˌʌn.dərˈtʃɑːrdʒ/
UK /ˌʌn.dəˈtʃɑːdʒ/
"undercharge" picture

Verb

to charge someone less than the correct or usual price for something

Example:
The restaurant accidentally undercharged us for our meal.
If you undercharge for your services, you won't make a profit.