- underestimation
- Ⅰ.underestimate UK US /ˌʌndəˈrestɪmeɪt/ verb [T]► to think that something is or will be smaller, easier, less extreme, or less important than it really is: »
The company sorely underestimated demand and is struggling to expand output.
»Court interpreters say the skills required to do the job are underestimated.
► to think that someone is worse at doing something, less intelligent, etc. than they really are: »Sometimes his modest manner led people to underestimate him.
Ⅱ.underestimate UK US /ˌʌndəˈrestɪmət/ noun [C]► an opinion that something is smaller, easier, less important, or less extreme than it actually is: »The total cost is likely to be an underestimate.
underestimation noun [C or U]► »I believe there is a significant underestimation of the real demand for oil from the developing world.
Financial and business terms. 2012.