underassessments
Insufficiently low evaluations
Underassessments are evaluations that fall short of true value or magnitude.
Property underassessments mean lower tax bills for owners but reduced revenue for governments.
The term applies broadly to any judgment that proves insufficiently high: The early underassessments of pandemic risk proved costly.
The singular underassessment names an instance or the act itself.
Judging below actual value
- miscalculationError in estimation
- misjudgmentFaulty evaluation of something
- undervaluationRating below actual worth
- undercountTally that's too low
shortfall · deficit · gap analysis · correction · revision · recalculation · reevaluation · adjustment
Charging below true value
- underfundingInadequate monetary allocation
- underinsuranceInadequate policy coverage
- budget deficitSpending exceeding revenue
- resource shortageInsufficient supply of necessities
financial exposure · liability · risk · penalty · underpayment · shortchanging · undercompensation · market correction
Insufficient proportional presence
- marginalizationRelegation to powerless periphery
- overlookingFailing to see or consider
- dismissivenessAttitude of casual disregard
- gender biasPrejudice based on sex
racial bias · cultural bias · implicit bias · disparate impact · achievement gap
underestimation
Judging below actual value
- miscalculationError in estimation
- misjudgmentFaulty evaluation of something
- undervaluationRating below actual worth
undercount · shortfall · deficit · gap analysis · correction · revision · recalculation · reevaluation · adjustment · discrepancy
underpricing
Charging below true value
- underfundingInadequate monetary allocation
- underinsuranceInadequate policy coverage
- budget deficitSpending exceeding revenue
resource shortage · financial exposure · liability · risk · penalty · underpayment · shortchanging · undercompensation · market correction · write-up
underrepresentation
Insufficient proportional presence
- marginalizationRelegation to powerless periphery
- overlookingFailing to see or consider
- dismissivenessAttitude of casual disregard
gender bias · racial bias · cultural bias · implicit bias · disparate impact · achievement gap
quality control failure
Undetected flaw in manufacturing
underassessmentsoverassessments
Judgments exceeding true worth
overvaluations · overestimations · overestimates · overcharges · overtaxing