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noun 
  1. A cut made in the lower part of something; the material so removed.
  2. The notch cut in a tree to direct its fall when being felled.
verb (undercuts, undercutting, undercut, undercut)
  1. To sell (something) at a lower price, or to work for lower wages, than a competitor.
  2. To create an overhang by cutting away material from underneath.
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