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"
substitute a person or thing for (another that is broken or inefficient or lost or no longer working or yielding what is expected); "He replaced the old razor blade"; "We need to replace the secretary that left a month ago"; "the insurance will replace the lost income"; "This antique vase can never be replaced"
put something back where it belongs; "replace the book on the shelf after you have finished reading it"; "please put the clean dishes back in the cabinet when you have washed them"