What does underestimate mean?

Definitions for underestimate
ˌʌn dərˈɛs təˌmeɪt; -mɪt, -ˌmeɪtun·der·es·ti·mate

This dictionary definitions page includes all the possible meanings, example usage and translations of the word underestimate.

Princeton's WordNet

  1. underestimate, underestimation, underrating, underreckoningverb

    an estimation that is too low; an estimate that is less than the true or actual value

  2. undervalue, underestimateverb

    assign too low a value to

    "Don't underestimate the value of this heirloom-you may sell it at a good price"

  3. lowball, underestimateverb

    make a deliberately low estimate

    "The construction company wanted the contract badly and lowballed"

  4. underestimate, underrateverb

    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"

Wiktionary

  1. underestimatenoun

    An estimate or perception that is too low.

  2. underestimateverb

    To perceive (someone or something) as having a lower value, quantity, worth etc. than what it actually has.

Wikipedia

  1. underestimate

    A cost overrun, also known as a cost increase or budget overrun, involves unexpected incurred costs. When these costs are in excess of budgeted amounts due to a value engineering underestimation of the actual cost during budgeting, they are known by these terms. Cost overruns are common in infrastructure, building, and technology projects. For IT projects, a 2004 industry study by the Standish Group found an average cost overrun of 43 percent; 71 percent of projects came in over budget, exceeded time estimates, and had estimated too narrow a scope; and total waste was estimated at $55 billion per year in the US alone.Many major construction projects have incurred cost overruns; cost estimates used to decide whether important transportation infrastructure should be built can mislead grossly and systematically.Cost overrun is distinguished from cost escalation, which is an anticipated growth in a budgeted cost due to factors such as inflation.

ChatGPT

  1. underestimate

    An underestimate refers to a calculation, statement, or judgement about something that is lower or lesser than it actually is. Essentially, it means assessing or predicting that a number or amount is less than it actually is or will turn out to be.

Webster Dictionary

  1. Underestimateverb

    to set to/ low a value on; to estimate below the truth

  2. Underestimatenoun

    the act of underestimating; too low an estimate

Chambers 20th Century Dictionary

  1. Underestimate

    un-dėr-es′ti-māt, v.t. to estimate at too low a rate: to set too low a value on.—n. an insufficiently high opinion.

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Numerology

  1. Chaldean Numerology

    The numerical value of underestimate in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of underestimate in Pythagorean Numerology is: 1

Examples of underestimate in a Sentence

  1. Tedros Adhanom Ghebreyesus:

    We're concerned that people are dismissing Omicron as mild, surely, we have learned by now that we underestimate this virus at our peril.

  2. Gregory Nunn:

    Never underestimate the value of cold cash.

  3. Patrick Esteruelas:

    We shouldn't underestimate the follow-up impact we could see when Fitch or Moody's converge with S&P, (It) will induce some additional forced selling as the sovereign and corporates drop out of the investment-grade indices.

  4. Tristain Shury:

    Never underestimate the power of encouragement, sometimes thats all the hope a person needs for a brighter day.

  5. President Widodo:

    Never underestimate hot spots. Immediately put out a small fire, don't wait until it gets bigger.

Popularity rank by frequency of use

underestimate#10000#28222#100000

Translations for underestimate

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"underestimate." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/underestimate>.

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