Business Dictionary :
Underestimate and Underlease
From Underemployed to HOME PAGE
Underemployed : adjective : with not enough work
• The staff is underemployed because of the cutback in production.
• Underemployed capital = capital which is not producing enough interest
Underemployment : noun :
(a) situation where workers in a company do not have enough work to do
(b) situation where there is not enough work for all the workers in a country
NOTE : no plural
Underequipped : adjective : with not enough equipment
Underestimate : noun : estimate which is less than the actual figure
• The figure of £50,000 in turnover was a considerable underestimate.
Underestimate : verb : to think that something is smaller or not as bad as it really is
• They underestimated the effects of the strike on their sales.
• He underestimated the amount of time needed to finish the work.
Underlease : noun : lease from a tenant to another tenant