undervaluation
nounUK /ˌʌndəˌvæljuˈeɪʃən/
US /ˌʌndərˌvæljuˈeɪʃən/
The act of thinking something is worth less than it really is.
The undervaluation of the old painting meant it sold for far less than its true worth.
RELATED WORDS
OTHER MEANINGS
2. A price that is lower than what something is actually worth.
Investors spotted the undervaluation of the company's shares and bought them quickly.
3. The failure to appreciate someone's true abilities or importance.
Her undervaluation by the team led to missed opportunities for everyone.
4. In finance, a situation where a currency or asset trades below its fair value.
The economist warned about the currency's undervaluation against the dollar.