Definitions for understatementˌʌn dərˈsteɪt mənt, ˈʌn dərˌsteɪt-
This page provides all possible meanings and translations of the word understatement
a statement that is restrained in ironic contrast to what might have been said
a disclosure or statement that is less than complete
restraint or lack of emphasis, especially for ironic effect
Origin: * under + statement
the act of understating, or the condition of being understated; that which is understated; a statement below the truth
Understatement is a form of speech which contains an expression of less strength than what would be expected. This is not to be confused with euphemism, where a polite phrase is used in place of a harsher or more offensive expression.
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"understatement." Definitions.net. STANDS4 LLC, 2015. Web. 27 Jan. 2015. <http://www.definitions.net/definition/understatement>.