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Undercapitalized

adj

Definitions

Adjective
  1. 1
    Lacking sufficient capital

    "You will recall that it [OUT magazine] appeared at irregular intervals. The reason for this was that the magazine was undercapitalised. In fact, it really had no capital at all and had a "hand to mouth" existence. An issue could not come out until all the proceeds of the previous issue, from sales, advertising, etc., were collected."

Etymology

From under- + capitalized.

See also for "undercapitalized"

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