un·der·es·ti·mate

[v. uhn-der-es-tuh-meyt; n. uhn-der-es-tuh-mit, -meyt] verb, un·der·es·ti·mat·ed, un·der·es·ti·mat·ing, noun
verb (used with object)
1.
to estimate at too low a value, rate, or the like.
verb (used without object)
2.
to make an estimate lower than that which would be correct.
noun
3.
an estimate that is too low.

Origin:
1805–15; under- + estimate

un·der·es·ti·ma·tion, noun


1. undervalue, underrate, misjudge, miscalculate.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To underestimate
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World English Dictionary
underestimate (ˌʌndərˈɛstɪˌmeɪt) [Click for IPA pronunciation guide]
 
vb
1.  to make too low an estimate of: he underestimated the cost
2.  to think insufficiently highly of: to underestimate a person
 
n
3.  too low an estimate
 
usage  Underestimate is sometimes wrongly used where overestimate is meant: the importance of his work cannot be overestimated (not cannot be underestimated)
 
underesti'mation
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Underestimate is one of our favorite verbs.
So is kibitz. Does it mean:
chat, to converse
to spend time idly; loaf.
Etymonline
Word Origin & History

underestimate
1812, "to estimate at too low an amount," from under + estimate (v.). Meaning "to rank too low, undervalue" is recorded from 1850.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Let us not underestimate the power of private universities in the overall
  landscape of higher education.
Both underestimate what it takes to become a modern industrial superpower.
Extracurricular activities can play a critical role in experimental learning
  for business students, do not underestimate it.
Don't underestimate nature because nature always wins.
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