Lewis & Short

ēlĕvātĭo, ōnis, f. [elevo].

  1. I. A lifting up, raising (late Lat.): manuum, Vulg. Psa. 140, 2 al.
  2. II. Trop.
      1. 1. Gram. t. t., the elevation: vocis (= ἄρσις, opp. depositio), Mart. Cap. 9, § 974; Isid. 1, 16, 21.
      2. 2. Rhet. t. t., a lessening, disparaging; a species of irony, Quint. 9, 2, 50; Mart. Cap. 5, § 525.