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Definitions of underestimate
  1. verb
    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"

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  2. verb
    assign too low a value to
    "Don't underestimate the value of this heirloom-you may sell it at a good price"

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  3. verb
    make a deliberately low estimate

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