(AB) is one of the verbs that take both and and means "to (verb) A as B". The part marked by can be a full quote (clause or mini-sentence), but it can be a bare noun or a noun phrase, too. As usual, both the -part and the -part may be omitted.
* Difference between vs before
* grammatical and semantic difference of "" and ""
* Can used with /
> * A
> to make light of A as not being a _mazoku_
> * ()
> to make light (of someone) as (being) a (mere) human being
> *
> to make light of human beings
> * ()
> (literally) to underestimate thinking it's mere hyperventilation / to underestimate hyperventilation
> * [×] (unnatural)
> [×] to underestimate mere hyperventilation (sounds like you have to underestimate something other than hyperventilation)
>
The difference between and is similar, but usually takes a full quote (i.e., mini-sentence with a verb). In fixed expressions and literary expressions, `noun + ` exists.