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underestimate

/ʌndɚˈɛs.tɪ.meɪt/ noun

noun Definition from WordNet 3.1, Princeton University. Pronunciation from Wiktionary, via Kaikki.org. More about underestimate at Wordnik → Where our words come from →

  1. An estimation that is too low; an estimate that is less than the true or actual value.

verb

  1. Assign too low a value to.
    Don't underestimate the value of this heirloom-you may sell it at a good price
  2. Make a deliberately low estimate.
    The construction company wanted the contract badly and lowballed
  3. Make too low an estimate of.
    he underestimated the work that went into the renovation