underestimate Meaning, Definition & Usage

1. noun an estimation that is too low; an estimate that is less than the true or actual value
   underestimation; underreckoning; underrating.
   
2. verb assign too low a value to
   undervalue.
   
   • Don't underestimate the value of this heirloom-you may sell it at a good price
3. verb make a deliberately low estimate
   lowball.
   
   • The construction company wanted the contract badly and lowballed
4. verb make too low an estimate of
   underrate.
   
   • he underestimated the work that went into the renovation
   • Don't underestimate the danger of such a raft trip on this river

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