Meaning of “overstatement” in the English Dictionary

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"overstatement" in English

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overstatementnoun [ C or U ]

uk ​ /ˌəʊ.vəˈsteɪt.mənt/ /ˈəʊ.vəˌsteɪt.mənt/ us ​ /ˌoʊ.vɚˈsteɪt.mənt/ /ˈoʊ.vɚˌsteɪt.mənt/

(Definition of “overstatement” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"overstatement" in Business English

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overstatementnoun [ C or U ]

uk ​ /ˈəʊvəˌsteɪtmənt/ us ​

› 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.
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understatement

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

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