What does "undervalue" mean?

Undervalue: To esteem lightly; to treat as of little worth; to hold in mean estimation; to despise. In comparison of it I undervalued all ensigns of authority. Atterbury. I write not this with the least intention to undervalue the other parts of poetry. Dryden.

Additional senses

  1. 2.A low rate or price; a price less than the real worth; undervaluation. Milton.

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