Knowledge about a subject, situation, etc. Understanding implies abilities and dispositions with respect to an object. Understanding is a relation between the knower and an object of understanding.
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The meaning of understanding is a mental grasp : Or about how something works: How to use understanding in a sentence.
Understanding a concept means you get it.
Comprehension usually used with of. Your understanding might be that your mother will always drive you to school if you miss the bus. He noted bond's apparent lack of. Both comprehension and understanding can be used to talk about someone's ability to understand something.