Usually means: Assessments below true market value.
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We found 4 dictionaries that define the word undervaluations:

General (4 matching dictionaries)
  1. undervaluations: Merriam-Webster
  2. undervaluations: Collins English Dictionary
  3. undervaluations: Vocabulary.com
  4. undervaluations: Wiktionary

(Note: See undervaluation as well.)

Definitions from Wiktionary (undervaluation)

noun:  The act of undervaluing, of assigning too low a value to something.
noun:  An assigned value that is inappropriately low.
▸ Also see undervaluation


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