overstatement vs magnification

overstatement and magnification both are nouns.

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

As nouns, overstatement and magnification are synonyms defined as:

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

Other synonyms of overstatement include exaggeration.

overstatement (noun)	magnification (noun)
making to seem more important than it really is	the act of expanding something in apparent size
	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