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Definition of: UNDERESTIMATES
- An estimation that is too low; an estimate that is less than the true or actual value
- 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"
- Make a deliberately low estimate; "The construction company wanted the contract badly and lowballed"
- Assign too low a value to; "Don't underestimate the value of this heirloom-you may sell it at a good price"