Basic Details
Word: Undercharge
Part of Speech: Verb
Meaning: To charge someone less money than what something is worth or should normally cost.
Synonyms: Undervalue, discount, underprice
Antonyms: Overcharge, inflate, overprice
Idioms and Phrases
- Undercharge yourself: To not fully value or price oneself, often used when talking about work or talents. Example: "You should ask for a higher fee; don't undercharge yourself for your skills."
- Undercharge and overdeliver: To give more value than what is paid for, often resulting in happy customers. Example: "He always undercharges and overdelivers, which is why everyone loves his services."
Usage Examples
Example 1: The shopkeeper made a mistake and decided to undercharge the customer for the new phone.
Example 2: She felt bad to undercharge her friends for the art she created, even though she wanted to help them.
Example 3: If the restaurant continues to undercharge for their meals, they might struggle to stay in business.
Fun Fact
The term "undercharge" is often used in sales and marketing, as businesses need to balance fair pricing with profitability. Interestingly, some companies might purposely undercharge to attract more customers and build a loyal client base.
Famous Quote
"Don't undervalue what you bring to the table, even if others may undercharge for their contributions." Unknown
Multiple Choice Questions (MCQs)
1. What does "undercharge" mean?
a) To ask for more money than required
b) To charge less than the actual worth
c) To charge the right amount
d) To avoid charging for something
Answer: b) To charge less than the actual worth
2. Which of these is a synonym of "undercharge"?
a) Overprice
b) Undervalue
c) High price
d) Mark up
Answer: b) Undervalue
3. Which word is an antonym of "undercharge"?
a) Discount
b) Settle
c) Overcharge
d) Equal
Answer: c) Overcharge
4. Which sentence uses "undercharge" correctly?
a) The bakery decided to undercharge for their cakes to attract more customers.
b) If you undercharge, you will earn more money.
c) Its important to undercharge items for them to sell.
d) She wants to undercharge for quality services.
Answer: a) The bakery decided to undercharge for their cakes to attract more customers.
5. What does the idiom "undercharge and overdeliver" mean?
a) To provide less than what is paid for
b) To give more value than what is charged
c) To overprice services
d) To not sell anything
Answer: b) To give more value than what is charged
