Undervalue

Un`der*val"ue (?), v. t. 1. To value, rate, or estimate below the real worth; to depreciate.

2. To esteem lightly; to treat as of little worth; to hold in mean estimation; to despise.

In comparison of it I undervalued all ensigns of authority.
Atterbury.

I write not this with the least intention to undervalue the other parts of poetry.
Dryden.

Un`der*val"ue, n. A low rate or price; a price less than the real worth; undervaluation. Milton.