understate Meaning in Cambridge American English Dictionary
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Meaning of "understate" - American English Dictionary

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understateverb [T]

 us   /ˌʌn·dərˈsteɪt/
to say that the amount or importance of something is less than it really is: The company was accused of understating potential side effects of the drug.
understatement
noun [C/U]  us   /ˌʌn·dərˈsteɪt·mənt/
[C] To say I was confused is an understatement – I hadn’t the slightest idea what to do.
(Definition of understate from the Cambridge Academic Content Dictionary © Cambridge University Press)
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