underestimate

Noun
  1. An estimation that is too low;
    An estimate that is less than the true or actual value (synset 105812499)
Verb
  1. Assign too low a value to (synset 200697527)
    "Don't underestimate the value of this heirloom-you may sell it at a good price"
  2. Make a deliberately low estimate (synset 200675685)
    "The construction company wanted the contract badly and lowballed"
  3. Make too low an estimate of (synset 200673254)
    "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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