Definition of "understating" []

• Present participle of understate. (verb)

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• "Lots of folks have pointed out that engines certainly have a vested interest in understating click fraud numbers, but don’t forget that auditing firms like Click Forensics have a similar interest in overstating them."
• "The industry said the House version of the bill would force judges to invalidate a lender's claim in bankruptcy for committing minor and accidental errors, such as understating a finance charge by as little as $36."
• "Dan (ph), do you think chaos is kind of understating Armageddon?"