Understate (verb)

To describe something as less significant or important than it actually is.

Origin:

From the word "under" which means below and "state" which means express or describe something in a particular way.

Examples:

1. She understated the severity of the problem.
2. He understated the extent of the damage.
3. The report understated the economic impact of the crisis.
4. He understated the importance of his contributions to the project.
5. The company understated its profits in the financial report.