underprice

Meanwhile, Live Nation's CEO Michael Rapino has said he thinks concert tickets are underpriced.

Agencies that skipped paying employment taxes could underbid the competition, said Mr. Perez, who offered to name firms that were “underpricing and skimming.”

A recent report from First Street Foundation said about one-quarter of all homes in the nation are underpriced for climate risk in insurance.

In some cases, policymakers have bound the hands of insurance companies, leading to an underpricing of risk.

"We believe investors may be underpricing the potential for further hikes this year, because no further hikes in 2023 would be inconsistent with the growth outlook upgrade," she said.