Difference between Understate and Underestimate

UNDERSTATE vs UNDERESTIMATE: NOUN

An estimate or perception that is too low.
The act of underestimating; too low an estimate.
An estimate or valuing at too low a rate.
An estimate that is or proves to be too low.
An estimation that is too low; an estimate that is less than the true or actual value

Assign too low a value to
Make a deliberately low estimate
Make too low an estimate of
To perceive (someone or something) as having a lower value, quantity, worth etc. than what it actually has.

To express with restraint or lack of emphasis, especially ironically or for rhetorical effect.
To state (a quantity, for example) that is too low.
To state with less completeness or truth than seems warranted by the facts.

To make too low an estimate of the quantity, degree, or worth of.
To consider (someone) to be less capable or effective than is actually the case.
To set too low a value on; to estimate below the truth.

To state or represent less strongly than the truth will admit; state too low: as, to understate an evil.
To say less than the full truth.

Miscalculate, Overemphasize, Underplay, Exaggerate, Minimise, Lower, Belittle, Underrate, Overlook, Downplay, Undervalue, Underestimate, Overestimate, Overstate, Minimize

Belittle, Think, Downplay, Ignore, Forget, Underplay, Overlook, Understate, Overstate, Overestimate, Underreckoning, Lowball, Undervalue, Underrating, Underrate

Overrate, Miscalculate, Underplay, Exaggerate, Minimise, Lower, Belittle, Underrate, Overlook, Downplay, Undervalue, Underestimate, Overestimate, Overstate, Minimize

Denigrate, Disparage, Belittle, Think, Downplay, Ignore, Forget, Underplay, Overlook, Understate, Overstate, Overestimate, Lowball, Undervalue, Underrate

What happens if you underestimate your taxes owed?
Do not underestimate how very potent gaslighting is.
We also underestimate luck and randomness in outcomes.
Never underestimate the value of a good warranty.
Do not underestimate the importance of this statement.
Never underestimate the power of a reputable brand.
Loss ofvolatile chemical species can underestimate PM mass.
Never underestimate the power of a personal appeal.
Never underestimate the power of asking sincere questions.
Thus men will overestimate their victimization and underestimate their perpetration, while women will underestimate their victimization and overestimate their perpetration.