I. | ̷ ̷ ̷ ̷| ̷ ̷(ˌ) ̷ ̷ transitive verb
Etymology: under (I) + value, v.
1. : to value, rate, or estimate below the real worth : set too low a value upon
undervalued the things he did not know — Agnes Repplier
2. : to esteem lightly : treat as of little worth
3. : to cause to decrease in value or estimation : depreciate
the dollar was undervalued in terms of foreign currencies — E.W.Kemmerer
II. noun
Etymology: under (III) + value
: a rate or price less than the real worth