Noun: understatement ,ún-du(r)'steyt-munt or 'ún-du(r),steyt-munt
- A statement that is restrained in ironic contrast to what might have been said
"Saying 'It's a bit warm' during a heatwave is a classic British understatement"
Derived forms: understatements
Type of: statement
Antonym: magnification
Encyclopedia: Understatement