overstatement

overstatement
The exaggerated quantification or description of an item. The term is often used in the context of incorrectly stated accounting *balances. Contrast *understatement.

Auditor's dictionary. 2014.

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  • overstatement — UK US /ˈəʊvəˌsteɪtmənt/ noun [C or U] ► 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… …   Financial and business terms

  • Overstatement — O ver*state ment, n. An exaggerated statement or account. [1913 Webster] …   The Collaborative International Dictionary of English

  • overstatement — I noun aggrandizement, amplification, boasting, coloring, distortion, elaboration, embroidery, enlargement, exaggerated statement, exaggeration, expansion, extravagance, extravagancy, falsification, hyperbole, hyperbolism, inflated statement,… …   Law dictionary

  • Overstatement — Overstatement,das:⇨Übertreibung …   Das Wörterbuch der Synonyme

  • overstatement — *exaggeration, hyperbole Antonyms: understatement …   New Dictionary of Synonyms

  • overstatement — [[t]o͟ʊvə(r)steɪtmənt[/t]] overstatements N VAR If you refer to the way something is described is an overstatement, you mean it is described in a way that makes it seem more important or serious than it really is. This may have been an… …   English dictionary

  • overstatement — noun a) An exaggeration; a statement in excess of what is reasonable. The story he gave was something of an overstatement of the facts. b) The tendency to overstate. She had a knack for overstatement. Syn …   Wiktionary

  • overstatement — UK [ˌəʊvə(r)ˈsteɪtmənt] / US [ˌoʊvərˈsteɪtmənt] noun [countable/uncountable] Word forms overstatement : singular overstatement plural overstatements formal something that you say that makes things seem more important, impressive, or serious than… …   English dictionary

  • Overstatement — Over|state|ment [ oʊvə steɪtmənt], das; s, s [engl. overstatement, aus: over = über u. statement = Aussage, Erklärung]: Übertreibung: Die Wichtigkeit von Leibesübungen, mit dem offiziell üblichen O. »Stählung des Körpers« genannt, wird ...… …   Universal-Lexikon

  • Overstatement — Over|state|ment [ouvə steit...] das; s, s <aus gleichbed. engl. overstatement> Übertreibung, Überspielung …   Das große Fremdwörterbuch

  • overstatement — noun (C, U) the act of talking about something in a way that makes it seem more important, serious etc than it really is, or an example of this; exaggeration: It s a bit of an overstatement to say that the man s a fool, but he s not brilliant …   Longman dictionary of contemporary English

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