IPA: //mɪsˈpraɪs//
KK: /mɪsˈpraɪs/
To set a price that is wrong or not appropriate for something.
The store mispriced the shoes, making them much cheaper than they should have been.
Past: mispriced
Past Participle: mispriced
Misprice → It is formed from "mis-" (meaning wrongly or badly) and "price" (from Old French *priz*, meaning value or cost). The word "misprice" means to assign a wrong or incorrect value to something.
Think of 'mis-' meaning wrongly, and 'price' referring to value — so misprice means giving something the wrong value.