underpricing
C1CEFR level
70/100Rarity: rare
TechnicalRegister
Setting a new issue's offer price below the value the market subsequently assigns it.
The 30 percent first-day pop was clear evidence that the bankers had left money on the table through underpricing.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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