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underestimation

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un·der·es·ti·mate  (ndr-st-mt)
tr.v. un·der·es·ti·mat·ed, un·der·es·ti·mat·ing, un·der·es·ti·mates
To make too low an estimate of the quantity, degree, or worth of.
n. (-st-mt)
An estimate that is or proves to be too low.

under·esti·mation n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.underestimationunderestimation - an estimation that is too low; an estimate that is less than the true or actual value
approximation, estimate, estimation, idea - an approximate calculation of quantity or degree or worth; "an estimate of what it would cost"; "a rough idea how long it would take"

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