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Underreaction 

the very opposite of an overreaction; a much milder than anticipated reaction to an event
Jenny: I heard Tom raped and killed three women!
Beth: I am SO not inviting him to the party tonight.
Jenny: Isn't that an underreaction?
Underreaction by TheRealBoz October 19, 2010

undergraduate degree 

An oxymoron. Before one receives a degree, one is an undergraduate (has not graduated). Upon receiving a degree that person becomes a graduate, therefore one can't hold a degree and be an undergraduate. Degrees earned after ones bacelor degree are called graduate degrees, which seems to have led to the mistaken notion that a bachelor degree should be called an "undergraduate degree".
He graduated last year with an undergraduate degree.
undergraduate degree by grammarnut December 14, 2010

underbreastimate 

to underestimate the size and/or weight of ones breasts.
be careful not to underbreastimate a women's tits; they are known to suffocate small animals and children!
underbreastimate by Matt Huff October 6, 2011

undertoad 

A bogeyman, or in general, fear and anxiety about the unknown and mortality. From "The World According to Garp".
Jet travel was his undertoad.
undertoad by Brillig January 24, 2004

undergrads 

undergrads is a show the main character is named parker(nitz) walsh
undergrads by alana September 8, 2003

Undergradical 

(noun) An undergraduate student who has just been exposed to Marx, Chomsky, Foucault and all subsequent post-colonial culture theory and resolved to confront and expose injustice and exploitation wherever it can be found. From your sweatshop manufactured sneakers and unfair trade coffee, to the TV shows you enjoy that were produced by networks that are owned by companies that are owned by corporations that are owned by international corporations that make weapons that kill babies in far off places. Their pursuit of justice however does not extend to the makers of tobacco products or alcoholic beverages.
As Doug relished the second bite of his delicious chicken burger, the undergradical sitting next to him extinguished his Indian Spirit cigarette and tapped his dog-eared cover of 'Diet for a New America'. "I would never put that stuff into my body. You have no idea how many steroids and antibiotics they put into the animals. Did you know Kentucky Fried Chicken had to change its name to KFC because the meat product they were selling could not meet the legal definition of 'chicken'?"
Undergradical by Jonathan McConnell February 17, 2009