How is the act of underpricing an item to facilitate theft commonly referred to?

The act of underpricing an item to facilitate theft is commonly referred to as "an under ring." This practice involves a cashier or employee intentionally scanning an item at a lower price than its actual sale price, which can help facilitate theft or give an advantage to an accomplice who may be purchasing the item.

Under ring can be seen as a form of employee theft, as it results in loss for the retailer through the sale of merchandise at an artificially reduced price. This method can be particularly difficult to detect because it often appears as a legitimate transaction while simultaneously enabling theft.

Understanding this concept is crucial for loss prevention professionals, as recognizing and mitigating tactics like under ringing is essential to protecting assets and minimizing losses within a retail environment.