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2 definitions found

From: DICT.TW English-Chinese Dictionary 英漢字典

 un·der·let /ˌʌndɚ/
 (vt.)低于常價出租,廉價出租,轉租

From: Webster's Revised Unabridged Dictionary (1913)

 Un·der·let v. t.
 1. To let below the value.
    All my farms were underlet.   --Smollett.
 2. To let or lease at second hand; to sublet.