Definition of "Undercut" :
noun: a cut made underneath to remove material
noun: (sports) a stroke that puts reverse spin on the ball
noun: a notch cut in the trunk of tree in order to determine the direction of its fall
noun: the tender meat of the loin muscle on each side of the vertebral column
noun: the material removed by a cut made underneath
verb: cut obliquely into (a tree) below the main cut and on the side toward which the tree will fall
verb: strike (the ball) in golf, tennis, or hockey obliquely downward so as to give a backspin or elevation to the shot
verb: cut away the underpart of
"Undercut a vein of ore."
verb: cut away material from the underside of (an object) so as to leave an overhanging portion in relief
verb: sell cheaper than one's competition