To defraud (someone) by giving them less change than they should be given after a transaction.
I got shortchanged! I gave him $10 for a $5 item and he only gave me $1 back.
To deprive (someone or something) of something due; to treat unfairly; to cheat, deceive; to half-ass.
The elective class was easy, but in the end I was shortchanging myself by taking it.
From short + change.
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