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"
highly favored or fortunate (as e.g. by divine grace); "our blessed land"; "the blessed assurance of a steady income"
having good fortune bestowed or conferred upon; sometimes used as in combination; "blessed with a strong healthy body"; "a nation blessed with peace"; "a peace-blessed era"
characterized by happiness and good fortune; "a blessed time"