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understate

[uhn-der-steyt] /ˌʌn dərˈsteɪt/
verb (used with object), understated, understating.
1.
to state or represent less strongly or strikingly than the facts would bear out; set forth in restrained, moderate, or weak terms:
The casualty lists understate the extent of the disaster.
Origin
1815-1825
1815-25; under- + state
Related forms
understatement
[uhn-der-steyt-muh nt, uhn-der-steyt-] /ˌʌn dərˈsteɪt mənt, ˈʌn dərˌsteɪt-/ (Show IPA),
noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for under state

understate

/ˌʌndəˈsteɪt/
verb
1.
to state (something) in restrained terms, often to obtain an ironic effect
2.
to state that (something, such as a number) is less than it is
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for under state

understate

v.

1824, from under + state (v.). Related: Understated (of fashions, etc., from 1957); understating.

Online Etymology Dictionary, © 2010 Douglas Harper
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