Definition of "underpriced" []

• Having a relatively or abnormally low price (adjective)

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• "Urban on-street parking is almost always underpriced, which is why you can almost never find a spot."
• "Berkeley is "underpriced" for the value and CU is appropriately priced."
• "A "double-dip" world downturn is the most "underpriced" risk in financial markets, followed by weaker-than-expected Chinese growth, Barclays Plc said Dec. 21."