Definition of underlet in English:

underlet

verb

  • 1

    another term for sublease
    • ‘Although the Council is the freeholder of the Kingsmeadow Ground, the terms allow the lease to be assigned or underlet by the leaseholder.’
    • ‘The respondent's lease contains an unqualified covenant against underletting any part (as distinct from the whole) of the demised premises.’
    1. 1.1 Let (land or property) at less than the true value.

Pronunciation

underlet

/ʌndəˈlɛt/