Meaning of underestimate

un•der•es•ti•mate

Pronunciation: (v.un"dur-es'tu-māt"n.un"dur-es'tu-mit, -māt"), [key]
— v., n. -mat•ed, -mat•ing,
—v.t.
  1. to estimate at too low a value, rate, or the like.
—v.i.
  1. to make an estimate lower than that which would be correct.
—n.
  1. an estimate that is too low.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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