Exaggeration (noun)

1. The action of exaggerating something or the fact of something being exaggerated.
2. A statement that represents something as better or worse than it really is.

Origin:

Late middle english (in the sense "inflation, exaggeration"): from latin exaggeratio(n-), from the verb exaggerare (see exaggerate).

Examples:

1. He accused her of exaggeration when she said she'd been working all night.
2. The story was full of exaggeration and not to be believed.
3. Her description of the accident was an exaggeration of what actually happened.
4. The company"s claims about the product"s effectiveness were seen as an exaggeration.
5. The politician's speech was filled with exaggerations and inaccuracies.