understatement of the century Share definition Flag something said that states the obvious, often falling short of the truth. guy 1: Bush was a sucky president. guy 2: That's the understatement of the century. understatement of the century by yellowcurvedhead March 27, 2010 0 0 Get merch Get the understatement of the century mug. Buy Now — $32.95 See more merch
