magnification vs overstatement

magnification and overstatement both are nouns.

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

As nouns, magnification and overstatement are synonyms defined as:

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

Other synonyms of magnification include exaggeration.

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