Definitions for: Understatement

[n] a statement that is restrained in ironic contrast to what might have been said

Webster (1913) Definition: Un"der*state`ment, n.
The act of understating, or the condition of being
understated; that which is understated; a statement below the
truth.

Antonyms: exaggeration, magnification, overstatement

See Also: litotes, meiosis, statement