Underquote for Dummies
verb
pronunciation: ,əndər'kwoʊtWhat does Underquote really mean?
Hey there! I totally understand that sometimes certain words can be a bit challenging to grasp, especially if you have learning difficulties. But don't worry, I'm here to help you out! So let's dive into the word "underquote."
When we talk about underquoting, it's like when you want to buy a toy, and the store tells you that it costs $10, but when you go to pay for it, they suddenly say it's $15 instead. Underquoting is similar to that. It happens when a person or a business gives an estimate or a quote for something, like a product or a service, and then they end up charging more than what they initially said.
Let's imagine you want to hire a handyman to fix something in your house, like a leaking faucet. You call them up, and they tell you over the phone that it will cost around $50 to fix it. But when they finish the job and hand you the bill, it says $80 instead. That's underquoting! They quoted, or estimated, a lower price to get you interested, but in reality, they charged you more.
Now, there's another definition of underquote that we should explore. In the world of finance and stocks, underquoting happens when a stockbroker or a financial institution provides an artificially low price for a stock or a security. They do this to make it seem like a really good deal for potential buyers. However, once you decide to buy it, they suddenly increase the price. This can be quite misleading, and it's not a fair practice.
So, to sum it all up, underquoting means when someone provides an estimate or a quote that is lower than the actual price they end up charging or selling something for. It can happen when buying products or services, as well as in the world of finance when dealing with stocks. It's important to be aware of underquoting so that we can make well-informed decisions and not be taken advantage of.
I hope this explanation has helped you understand the concept of underquoting. If you have any more questions or if there is anything else you'd like me to explain, feel free to ask!
When we talk about underquoting, it's like when you want to buy a toy, and the store tells you that it costs $10, but when you go to pay for it, they suddenly say it's $15 instead. Underquoting is similar to that. It happens when a person or a business gives an estimate or a quote for something, like a product or a service, and then they end up charging more than what they initially said.
Let's imagine you want to hire a handyman to fix something in your house, like a leaking faucet. You call them up, and they tell you over the phone that it will cost around $50 to fix it. But when they finish the job and hand you the bill, it says $80 instead. That's underquoting! They quoted, or estimated, a lower price to get you interested, but in reality, they charged you more.
Now, there's another definition of underquote that we should explore. In the world of finance and stocks, underquoting happens when a stockbroker or a financial institution provides an artificially low price for a stock or a security. They do this to make it seem like a really good deal for potential buyers. However, once you decide to buy it, they suddenly increase the price. This can be quite misleading, and it's not a fair practice.
So, to sum it all up, underquoting means when someone provides an estimate or a quote that is lower than the actual price they end up charging or selling something for. It can happen when buying products or services, as well as in the world of finance when dealing with stocks. It's important to be aware of underquoting so that we can make well-informed decisions and not be taken advantage of.
I hope this explanation has helped you understand the concept of underquoting. If you have any more questions or if there is anything else you'd like me to explain, feel free to ask!
Revised and Fact checked by Elizabeth Martin on 2023-10-29 21:37:24
Underquote In a sentece
Learn how to use Underquote inside a sentece
- When the plumber gave the estimate for fixing the leaky pipe, he underquoted the price and ended up charging less than he had initially said.
- The car mechanic underquoted the cost of repairing the engine, so the customer was pleasantly surprised when the bill was lower than expected.
- The company underquoted the time it would take to complete the project, leading to delays and frustration among the clients.
- The contractor underquoted the amount of materials needed for the construction, resulting in a shortage and the need to purchase more.
- The artist underquoted the price of her artwork, so she had to increase the prices for future pieces to ensure fair compensation.
Underquote Hypernyms
Words that are more generic than the original word.