an estimation that is too low; an estimate that is less than the true or actual value
make too low an estimate of; "he underestimated the work that went into the renovation"; "Don't underestimate the danger of such a raft trip on this river"
total debits and credits are equal; "the books looked balanced"
being in a state of proper balance or equilibrium; "the carefully balanced seesaw"; "a properly balanced symphony orchestra"; "a balanced assessment of intellectual and cultural history"; "a balanced blend of whiskeys"; "the educated man shows a balanced development of all his powers"