- underpay
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1. to pay less money to people than they deserve for their work:
• In an interview, the star said that the studio underpays and misuses him.
2. to pay less money to a person or organization than is owed to them:• The construction company had underpaid its income, employment and excise taxes by $3.2 billion over an eleven-year period.
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underpay UK US /ˌʌndəˈpeɪ/ US /-dɚ-/ verb (underpaid)► [T] to pay someone too little money for the work they do: »The company was found to have underpaid workers in violation of the state's prevailing wage law.
»They were underpaid millions of dollars.
► [T] to pay less than is necessary or less than the value of something: »The company has been hit with a bill for underpaying tax.
► [I or T] BANKING, FINANCE to make smaller payments than originally agreed when paying back a loan: »Some customers want full flexibility - the ability to overpay, underpay, or take payment holidays.
Financial and business terms. 2012.