overstatement - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “overstatement”

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overstatement

noun [C or U]
 
 
/ˈəʊvəˌsteɪtmənt/
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
Translations of “overstatement”
in Chinese (Traditional) 誇大其詞, 危言聳聽…
in Chinese (Simplified) 夸大其词, 危言耸听…
(Definition of overstatement from the Cambridge Business English Dictionary © Cambridge University Press)
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