Bidding, estimating & procurement · Working

Underage

ELI5

A saving below the approved cost, whose treatment depends on the contract and pricing structure.

Used in conversation

“Let’s confirm the underage before the director starts the next treatment draft.”

Pitch context

You may encounter “Underage” in advertising & director treatments conversations or materials.

Why it matters: Helps interpret the brief, director treatment, bid, award, production process and campaign deliverables.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Connected terms

Sources & evidence · 4

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.