Understatement Definition
The opposite of hyperbole, understatement is used to make something appear smaller or less important than it really is. It can be used to entertain or to reduce the importance of the truth.
See Also:
Irony; Hyperbole; Sarcasm; Slang; Jargon; Tautology; Figure of Speech; Litotes; Rhetorical Question; Cliche; Allegory