understatement
1. [ noun ] a statement that is restrained in ironic contrast to what might have been said
Related terms: exaggeration statement litote litotes understate
Similar spelling:   understated
  underpayment
  underlayment
  undergarment
  underestimate
  understandable
  undercoated
  underachievement
  underestimation
  unmoderated
  undersurface
  understaffed
  understanding
  undermentioned
  understandably
  understandability
  undergraduate
  undereducated