Undercut /(?)/

Un·der·cut

Undercut

n.
  1. The lower or under side of a sirloin of beef; the fillet.

Undercut

v. t.
  1. To cut away, as the side of an object, so as to leave an overhanging portion.
  2. to sell goods or services at a price below that of (the competition or a competitor's price).
  3. to weaken the effectiveness of; to undermine or sabotage (an activity).
  4. To cut a notch in one side of (a tree) so as to control the direction in which the tree falls when it is felled. (Forestry)

Undercut

p. a.
  1. Cut away below.