Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • v. Simple past tense and past participle of underbill.

Etymologies

Sorry, no etymologies found.

Examples

  • The company said it was restating its results after discovering it had underbilled customers for 15 months.

    Nasdaq Extends Gains From Last Week;

  • Concerned that her pal's advance would be unduly depleted, she underbilled the time she devoted to the manuscript.

    The Extra Editor

  • They were majorly underbilled and I'm supposed to check out what happened.

    Mistress of Justice

  • As well, many have found their old meter significantly underestimated their use - leading to a hefty increase when the new accurate, meter began measuring consumption - a scenario many Toronto residents who are currently underbilled for their water use may find themselves in.

    Toronto Sun

  • Oncor has already said a communication error led 2,000 people to being underbilled.

    KVUE - Home

  • In 2004, the school was being charged half a penny per gallon and was underbilled, said Peter Hansen. the village clerk and treasurer.

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  • Those underbilled "fees and charges" were "realizable" as evidenced by the fact that the company already collected a total of "$1.8 million relating to payments from partners who were underbilled earlier in the year" within a mere 68 days of announcing its billing errors.

    Retail Sector and Stocks Analysis from Seeking Alpha

  • Statement of Financial Accounting Standards No. 154 required Overstock. com to restate affected prior period financial reports to reflect when the underbilled cost reimbursements and fees were actually earned by the company (accrual basis or GAAP).

    Retail Sector and Stocks Analysis from Seeking Alpha

  • By deferring recognition of income until underbilled amounts were collected, the company effectively created a "cookie jar" reserve to increase future earnings.

    Retail Sector and Stocks Analysis from Seeking Alpha

  • The only way that Overstock. com could recognize income from underbilling its fulfillment partners in future accounting periods is if there was a "significant uncertainty as to collection" of all underbilled amounts (See SFAS No. 5 paragraph 23)

    Retail Sector and Stocks Analysis from Seeking Alpha

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