undercut

under|cut /'ʌndərk'ʌt/ (undercuts undercutting)
The form undercut is used in the present tense and is also the past tense and past participle.
1 [VERB] V n, V n
If you undercut someone or undercut their prices, you sell a product more cheaply than they do. (BUSINESS)
The firm will be able to undercut its competitors whilst still making a profit.
...promises to undercut air fares on some routes by 40 per cent...
2 [VERB] usu passive, be V-ed
If your attempts to achieve something are undercut by something, that thing prevents your attempts from being effective.
Popular support would be undercut by political developments.
= undermine

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