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A contraction of "fucking" and "understatement", aka, a fucking understatement.
No shit, that's a funderstatement.
4👍 6👎
An upward movement of the hand repeatedly to signify agreement or excitement. Done by the students at Howard University
Person A: Hello my name is Kayla and I'm from Atlanta!
Person in Audience: Woooooooooo! *does Howard hand*