underestimate n : an estimation that is too low; an estimate that is less than the true or actual value [syn: underestimation, underrating, underreckoning]

1 assign too low a value to; "Don't underestimate the value of this heirlooom-you may sell it at a good price" [syn: undervalue] [ant: overvalue, overvalue]

2 make a deliberately low estimate; "The construction company wanted the contract badly and lowballed" [syn: lowball]

3 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" [syn: underrate] [ant: overestimate]

English

Etymology

under + estimate

Verb

1. to make too low an estimate of value, quantity etc., regarding (someone)

Antonyms

• sense to make too low an estimate overestimate

Translations

Noun

1. an estimate that is too low

Noun

• Italian: sottostima

Estimation is the calculated approximation of a result which is usable even if input data may be incomplete, uncertain, or noisy.

In statistics, see estimation theory, estimator.

In mathematics, approximation or estimation typically means finding upper or lower bounds of a quantity that cannot readily be computed precisely and is also an educated guess . While initial results may be unusably uncertain, recursive input from output, can purify results to be approximately accurate, certain, complete and noise-free.

In project management, see estimation (project management).

See also

• Estimation theory (statistics)
• "Estimated" sign
• Fermi problem (physics)
• Guesstimate
• Optimism bias
• Reference class forecasting
• Sample size (statistics)

External links

belittle, deprecate, depreciate, discount, disparage, make light of, make little of, make nothing of, minimize, miscalculate, misestimate, misjudge, misprize, sell short, set at naught, set little by, shrug off, think little of, think nothing of, underprize, underrate, underreckon, undervalue