Home › Words › U › underexaggerateunderexaggerateunderexaggerate means to understate.Among words judged in Lexicurio's Arena, underexaggerate ranks #42,031 of 42,747 for Qualifying.EtymologyFrom under- + exaggerate, rather illogically, since this might be expected to mean to exaggerate but insufficiently.verbTo understate.e.g.“Academics tend to be very sceptical of oil forecasts made by the major oil companies as they underexaggerate the probable amounts of oil in the world.” — 1983, International Symposium on Theory and Practice in Transport:Definitions & examples from Wiktionary (CC BY-SA 3.0).