misprice

misprice

(ˌmɪsˈpraɪs)
vb (tr)
(Commerce) to give a wrong price for
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Investors misprice growth firms by over extrapolating past growth, failing to understand the diminishing rate of return to new investment (Lakonishok, Shleifer and Vishney 1994).
Abusive transfer pricing -- in which legally related entities misprice goods or services -- accounts for roughly 60 percent of the continent's illicit capital flight, according to the United Nations Economic Commission for Africa.
The difference between these actual rates and our predicted hurdle rates measures the extent to which investors misprice risk.
As a result, investors misprice the shares of intangibles-intensive enterprises and managers misprice their cost of capital, thereby hindering their ability to invest adequately in R&D.
When an IPO quickly moves to a significantly higher price during its first day on the market, it's natural to wonder if the investment bankers--and the issuing company's officers--didn't misprice the deal.
The top banker added: "We absolutely must do much better at making credit accessible but we cannot continue to misprice risk."
There is a substantial and growing excess of savings that is misallocated globally and giving rise to huge waves of liquidity that may misprice risk in the short term and create credit and/or market crises.
Research on market efficiency concludes that investors misprice such fundamental historical financial information as firm size (Fama and French 1992), recent earnings surprises (Freeman and Tse 1989; Bernard and Thomas 1989), and past sales growth (Lakonishok et al.
To the extent that investors misprice accruals because they fail to understand the implications of accruals for one-year-ahead ROA, investors may similarly misprice the growth in long-term net operating assets if they fail to understand its similar implications for one-year-ahead ROA.
The second exception is that Panel E shows that the market appears to misprice income-decreasing unexpected current accruals accompanied by abnormal insider buying.