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The company undervalued the property, leading to a significant loss during the sale.
The company estimated the property's worth to be lower than its actual value, resulting in financial loss.
to consider or estimate something as worth less than its actual value
Critics argue that the government undervalues the importance of education in shaping future generations.
Critics believe the government does not recognize the true worth of education in developing future leaders.
She undervalued her skills and hesitated to apply for the senior position.
She underestimated her abilities and was reluctant to pursue a higher-level job.
Can be used both literally (financial estimation) and metaphorically (self-worth, importance).
Use 'undervalue' when referring to both financial and non-financial contexts, such as skills or importance.
Do not confuse 'undervalue' with 'devalue,' which often refers to a deliberate reduction in value (e.g., currency devaluation).
From 'under-' (less than) + 'value' (worth or importance). First recorded in the late 16th century.
Often used in financial contexts but also applies to personal or societal perceptions of worth.