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underestimate

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noun [countable] underestimate pronunciation in British English /ˌʌndərˈestɪmət/ 
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singularunderestimate
pluralunderestimates

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  1. a wrong idea that something is smaller, less important etc than it really is

    The figure of £10 million was a serious underestimate.

    Synonyms and related words for this sense of underestimate

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