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understate

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understate
understate /ˌʌndəˈsteɪt $ -ər-/ verb [transitive]
 Word Family: verb: state, understateoverstate; noun: statement, understatementoverstatement; adjective: understatedOVERSTATED
to describe something in a way that makes it seem less important or serious than it really is
   OPP  overstate:
    The press have tended to understate the extent of the problem.