The most straightforward job of the shareholder is to provide funds. In practice, however, it isnât straightforward at all. Corporations do need capital to invest in growth, but they donât get it in aggregate from shareholders.
Noun. 1. understatement-a statement that is restrained in ironic contrast to what might have been said. statement-a message that is stated or declared; a communication (oral or written) setting forth particulars or facts etc; according to his statement he was in London on that day.
An understatement is a figure of speech that intentionally underplays the thing you're talking about. For example, if there's a severe rainstorm outside, and you say, it's a little bit damp-that's an understatement. You're really downplaying what's actually happening.