The phrase "albeit exaggerated" is correct and usable in written English.
It can be used to acknowledge a statement or description that is true to some extent but has been overstated or embellished.
Example: "The report presented a compelling argument, albeit exaggerated, about the potential benefits of the new policy."
Alternatives: "although overstated" or "even if embellished".
Once again art historical imagery comes to mind, for these figures are reminiscent of all those voluptuous female nudes by Botticelli, Rubens, Bonnard, Matisse and other classical European painters, albeit exaggerated and overblown.
For one, they can't compete on price because labels won't let them (if you ever want to read a hysterical, albeit exaggerated, story on this, then read this blog post by Michael Robertson).
When considering what is occasionally portrayed, quite inaccurately, as the 'typical' Italian matriarch shoveling colossal portions of pasta into her grandchildren's mouths, I am nonetheless pressed to acknowledge that the archetype, albeit exaggerated, can sometimes betray a grain of truth.
Hicks thinks this is an indication that some aspects of Tudor literature can be believed, albeit exaggerated.
Videos like "Today", "Rocket", and "1979" dealt with images taken from middle American culture, albeit exaggerated.
The method of development was intended to ensure that the cartoons were based on the experiences and concerns of patients so that most would recognise the situations (albeit exaggerated).
I was the storyteller of my household--having grown up with two brothers and being a middle child, I found myself quietly observing my surroundings during the day and by night, at the dinner table telling stories--albeit some exaggerated--of the goings on of our local block in Princeton.
The Hangover movie captured, albeit in exaggerated context, the most salient features of a hangover in pure Hollywood style.
The forthcoming season, which does not have a premiere date, will once again center on the Seinfeld co-creator as himself – albeit an exaggerated version.
If you can accept that even your partner's wildest claims have some legitimacy, albeit greatly exaggerated, you will have made a huge step forward.
Both narcissistic and histrionic personality disorders are described largely in terms of common personality characteristics, albeit in exaggerated form; what makes each a disorder, however, is not the exaggerated characteristics alone but the distress and dysfunction they produce.
