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Dictionary definition for: Underestimate
1. (n) an estimation that is too low; an estimate that is less than the true or actual value
2. (v) assign too low a value to; "Don''t underestimate the value of this heirlooom-you may sell it at a good price"
3. (v) make a deliberately low estimate; "The construction company wanted the contract badly and lowballed"
4. (v) make too low an estimate of; "he underestimated the work that went into the renovation" "Don''t underestimate the danger of such a raft trip on this river"
WordNet 2.1 Copyright Princeton University. All rights reserved.