litotes
Noun
Meaning
A diminution or softening of statement for the sake of avoiding censure or increasing the effect by contrast with the moderation shown in the form of expression; as, " a citizen of no mean city," that is, of an illustrious city.
Source: Webster's dictionarySynonyms
meiosis
simile
distortion
metaphor
restraint
apostrophe
antithesis
exaggeration
euphemism
hyperbole
sarcasm
oxymoron
metonymy
understatement
miosis
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Antonyms
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Examples
Preachers at black churches are the last people left in the English-speaking world who know the schemes and tropes of classical rhetoric: parallelism, antithesis, epistrophe, synecdoche, metonymy, periphrasis, litotes - the whole bag of tricks.
saying `I was not a little upset' when you mean `I was very upset' is an example of litotes