, "overexposed" or "underexposed". If you define "overexposed" to mean "exposed so much that desired highlight detail is blown", then what you say is true. But I took OP to be using "over-expose" and "under-expose" to mean using more or less exposure than what will give desired lightness SOOC. In that case, it is entirely possible to overexpose without blowing desired highlight detail. Another possible meaning of "over-expose" and "under-expose" is to use more or less exposure than what ill give one desired DOF and motion blur or desired lens sharpness. In that case, it is also possible to overexpose without blowing desired highlight detail.
In general, "over-expose" means to expose more than correct exposure, and under-expose means to expose less than correct exposure, but what constitutes correct exposure depends on context and intent.
Since it is often entirely possible to overexpose without blowing desired highlight detail (unless we define "over-exposure" in terms of blown highlight detail), I consider an approach of always underexposing to be sub-optimal.