The Understanding is the second studio album by American rapper Memphis Bleek.

The album was produced by Just Blaze, Robert 'Shim' Kirkland, A Kid Called Roots, DJ Twinz, Duane "Da Roc" Ramos, Eddie Scoresazy, Ez Elpee, Jose "Lace" Batiz, Lofey, Timbaland, and T.T., with Jay-Z, Damon Dash and Kareem "Biggs" Burke serving as executive producers.

It features guest appearances from Jay-Z, Beanie Sigel, Amil, Carl Thomas, H. Money Bags, Missy Elliott, and Twista.

It was certified gold by the Recording Industry Association of America on January 8, 2001, for the sales of 500,000 units in the US alone.

The album was supported with three singles: "My Mind Right", "Is That Your Chick (The Lost Verses)" and "Do My...".