IPA: /ˌʌndərˈpraɪst/
KK: /ʌndərˈpraɪst/
Having a price that is lower than what is considered fair or typical.
The underpriced items sold quickly at the clearance sale.
Underpriced → It is formed from "under-" (meaning below or beneath) and "priced" (from the root "price" which comes from Old French *priz*, meaning value or worth). The word "underpriced" means having a price that is below its actual value or worth.
Think of something being valued 'below' ('under-') its true 'worth' ('price'). This helps you remember that 'underpriced' refers to something that is priced lower than it should be.