Definition: To take on a responsibility or task, often involving effort or commitment.

Example: She decided to undertake the project despite its challenges.

Definition: To take on a responsibility or task, often involving effort or commitment.

Example: She decided to undertake the project despite its challenges.

Definition: A task or project that someone decides to do or take on, often involving effort or responsibility.

Example: Starting a new business is a big undertaking that requires careful planning.

Definition: Describes a situation where someone or something is paying less tax than they should be, often resulting in a lower financial contribution to public services.

Example: Many wealthy individuals are considered undertaxed due to loopholes in the tax system.

Definition: To use something less than its full potential or capacity.

Example: The company tends to underutilize its resources, leading to wasted opportunities.

Definition: Not used to its full potential or capacity.

Example: The resources in the project are underutilized, leading to wasted opportunities.

Definition: To use something less than its full potential or capacity.

Example: The resources were underutilized, leading to wasted opportunities.

Definition: A situation where something is given a lower value than it is worth.

Example: The undervaluation of the property led to a loss for the seller.

Definition: To consider something as less important or valuable than it really is.

Example: Many people undervalue their own skills and talents.

Definition: Given a value that is lower than what is deserved or appropriate.

Example: Many talented artists feel undervalued in the industry.

Definition: To regard something as less valuable or important than it really is.

Example: Many people feel that their contributions at work are undervalued.

Definition: To provide financial support or guarantee for a project, often in the context of insurance or investments.

Example: The company decided to underwrite the new insurance policy for small businesses.

Definition: To take on financial responsibility for something, such as guaranteeing a loan or insurance policy, or agreeing to buy unsold stocks at a set price.

Example: The bank decided to underwrite the new housing project to ensure its success.

Definition: A person or company that provides insurance or guarantees financial risks, often by evaluating applications for coverage or policies.

Example: The underwriter assessed the applicant's risk before approving the insurance policy.