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Answer for the clue "The act of paying less than required ", 12 letters:
underpayment

Alternative clues for the word underpayment

Word definitions for underpayment in dictionaries

WordNet Word definitions in WordNet
n. a payment smaller than needed or expected the act of paying less than required

Wiktionary Word definitions in Wiktionary
n. 1 An insufficient payment 2 The act of making such a payment 3 The amount by which a payment is insufficient