noun. ['ˈʌndɝˌpeɪmənt'] the act of paying less than required.
Words that Rhyme with Underpayment
Example sentences of the word underpayment
1. Noun, singular or mass
If you wait until tax time to pay the taxes you owe, you will face penalties for underpayment.
Add the result to the underpayment balance to get the amount you owe for the current day.
noun. ['ˈʌndɝˌpeɪmənt'] a payment smaller than needed or expected.