Answer: B) Exaggeration.
Explanation: A hyperbole is a type of figurative language that consists in exaggerating an event or a statement. It is often used to make a point, show emphasis, to show contrast or catch the reader's attention. It is the opposite of understatement. So from the given options, the one that represents the meaning of "hyperbole" is the corresponding to option B: Hyperbole is an exaggeration.