overstatement

/ˈəʊvəˌsteɪtmənt/ noun [C or U]

Definition

› a statement that something is larger, more important, or more serious than it really is: An internal inquiry into accounting irregularities revealed a $70m overstatement by a subsidiary company. The mistake resulted in an overstatement of inventory. → Compare understatement

(Definition of overstatement noun from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of overstatement