Not in the same vein as an over "exaggeration" or an "under exaggeration."
In the act has a similar result to regular exaggeration, but when stated causes the "Oh yeah, I guess I can see that... " response in those who hear it.
Person 1: Ugh, that person ended up keeping me up all night last night! I didn't get to sleep till like 3 in the morning...
Person 2: That's not really all night.
Person 1: It is when you have to wake up at 5 for work the next day, dude. It's an appropriate exaggeration...
Person 2: Oh yeah, I guess I can see that...
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