NOUN (2)

1. a price that is too low;

2. an insufficient charge;


VERB (1)

1. charge (someone) too little money;

The Collaborative International Dictionary of English v.0.48:

Undercharge \Un`der*charge"\, v. t.
   1. To charge below or under; to charge less than is usual or
      suitable for; as, to undercharge goods or services.
      [1913 Webster]

   2. To put too small a charge into; as, to undercharge a gun.
      [1913 Webster]

   Undercharged mine (Mil.), a mine whose crater is not as
      wide at top as it is deep. --W. P. Craighill.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Undercharge \Un"der*charge`\, n.
   A charge that is less than is usual or suitable.
   [1913 Webster]

WordNet (r) 3.0 (2006):

undercharge
    n 1: a price that is too low
    2: an insufficient charge
    v 1: charge (someone) too little money [ant: fleece, gazump,
         hook, overcharge, pluck, plume, rob, soak,
         surcharge]