exaggeration vs magnification

exaggeration and magnification both are nouns.

Word	Noun	Adjective	Verb	Adverb
exaggeration	Yes	No	No	No
magnification	Yes	No	No	No

As nouns, exaggeration and magnification are synonyms defined as:

exaggeration and magnification: making to seem more important than it really is

Other synonyms of exaggeration include overstatement.

exaggeration (noun)	magnification (noun)
the act of making something more noticeable than usual	the act of expanding something in apparent size
making to seem more important than it really is	a photographic print that has been enlarged
extravagant exaggeration	making to seem more important than it really is
	the ratio of the size of an image to the size of the object