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

• One reason for the underestimation: energy use has grown more quickly than many countries' economies.
• Finally, his feckless battle plans in Afghanistan and Iraq were the result of his reflexive belief in American omnipotence and an underestimation of our enemies' intransigence.
• Points to slew of mishaps-- including her two major staff shake-ups, trail of unpaid bills, underestimation of Obama, and more -- that's leading to questions about her leadership.

• underestimate
• underrating
• underreckoning

News & Articles

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• MEDIA: Gretzky deal also changed media coverage of hockey in L.A.
  It was at the conclusion of a jammed press conference at the Sheraton Plaza La Reina ballroom near the Los Angeles International Airport when Bob Miller told the assembled mass of media: "We thank you for being here on this most historic day in hockey in Los Angeles and in the United States. Twenty-five years later, even that might have been an underestimation.
  Aug. 9, 2013 - Pasadena Star-News
• REUTERS COLUMNIST: I Fear Jeff Bezos Will Fail Because He Won't Let Journalists Waste Money And Take Long Lunches
  What an odd underestimation.
  Aug. 7, 2013 - Business Insider via Yahoo! Finance