Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • transitive verb To make too low an estimate of the quantity, degree, or worth of.
  • transitive verb To consider (someone) to be less capable or effective than is actually the case.
  • noun An estimate that is or proves to be too low.

from The Century Dictionary.

  • To estimate at too low a rate; not to value sufficiently.
  • noun An estimate or valuing at too low a rate.

from the GNU version of the Collaborative International Dictionary of English.

  • transitive verb To set too low a value on; to estimate below the truth.
  • noun The act of underestimating; too low an estimate.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • verb transitive To perceive (someone or something) as having a lower value, quantity, worth etc. than what it actually has.
  • noun An estimate or perception that is too low.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun an estimation that is too low; an estimate that is less than the true or actual value
  • verb make a deliberately low estimate
  • verb assign too low a value to
  • verb make too low an estimate of

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

under- +‎ estimate

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