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What is an overstatement?

What is an overstatement? Here are some definitions.

Noun
  1. An exaggeration; a statement in excess of what is reasonable.
  2. The tendency to overstate.
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Examples
To define this show of support by major corporations for LGBT equality as a seachange would be no overstatement.
For example, a tax-planning scheme could include two false statements: the over-valuation of property, and the overstatement of expenses.
The formality and scale of her attire, her pose, and her lack of affectedness suggest class and gender and also hyperbole and overstatement.
Dial-up Internet subscribers for prior periods have been restated to correct an overstatement of business dial-up customers.
A powerful indictment of the system, it errs on the side of cartoonish overstatement once or twice but overall is well worth seeing.
To call the acting wooden would be overstatement, but it's often stiff and mannered.

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