0 to fail to guess or understand the real cost, size, difficulty, etc. of something:
Originally the contractor gave me a price of €2,000, but now they say they underestimated and it's going to be at least €3,000.
Don't underestimate the difficulties of getting both parties to the conference table.
1 to fail to understand how strong, skilful, intelligent, or determined someone, especially a competitor, is:
2 a guess about the amount, cost, size, etc. of something that is less than the real amount, cost, etc.:
3 to think that something is less or lower than it really is, or that someone is less strong or less effective:
4 to think that something is or will be smaller, easier, less extreme, or less important than it really is:
5 to think that someone is worse at doing something, less intelligent, etc. than they really are:
6 an opinion that something is smaller, easier, less important, or less extreme than it actually is:
He miscalculated badly when he underestimated the response of the international community to the invasion.
They've seriously underestimated the cost of the building project.
It seems that we've seriously underestimated just how long this process will take.
Although forecasted salary growth rates and deferred compensation appear to be underestimated, forecasted salaries demonstrate little bias for lower-paid public employees.
Firstly, passive surveillance generally identifies disease serious enough to warrant seeking medical attention, and thus underestimates overall morbidity in the community.
I have argued that constitutional patriotism underestimates (and sometimes misunderstands) the role of particularist political cultures in grounding universalistic principles of democracy and justice.
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