underlet

/ˌʌndərˈlɛt/
verb
  1. To rent out (a property) at a lower price than the market rate or than one pays oneself.
    • If you underlet your office space, you might struggle to cover your own rent.
    • They had to underlet the store because the location wasn't attracting enough customers.
    • The landlord decided to underlet the apartment to a friend at a discount.
  2. To sublet (a property) to another person.
    • The lease strictly forbids tenants to underlet the property without permission.
    • He found a student to underlet his room during the semester break.
    • The tenant was allowed to underlet the flat for the summer while she traveled.
Antonyms
What does "underlet" mean? | whatsthatwordmean | whatsthatwordmean