Meaning of “underplay” in the English Dictionary

british dictionary

"underplay" in British English

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underplayverb [ T ]

uk /ˌʌn.dəˈpleɪ/ us /ˌʌn.dɚˈpleɪ/

to make something such as a dangerous situation seem less important or dangerous than it really is:

While not wanting to underplay the seriousness of the situation, I have to say that it is not as bad as people seem to think.

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