Meaning & Definition of word "Overestimate"

Overestimate

/ˌoʊvərˈɛstəˌmeɪt/

noun:

  • 1. an assessment or valuation that is higher than the actual value.
    • Example: Her overestimate of the project's budget led to significant financial issues.
  • 2. a misjudgment regarding the size, worth, or importance of something.
    • Example: The overestimate in the number of participants caused logistical problems at the event.

verb:

  • 1. to assess or determine the value, importance, or size of something as greater than it actually is.
    • Example: It's common for investors to overestimate the potential returns of their investments.
  • 2. to think that something is more than it is in terms of ability or performance.
    • Example: He overestimated his ability to complete the project on time.
  • 3. to rate or regard someone or something more highly than is justified.
    • Example: The critics tend to overestimate the quality of his films due to their unique style.

Etymology

The term overestimate is formed from the prefix 'over-', meaning too much, and 'estimate', meaning to assess the value of something.

Common Phrases and Expressions

don't overestimate your abilities:

A caution against assuming one is more capable than they truly are.

overestimate the importance:

To regard something as more significant than it actually is.

Related Words

estimate:

To judge the amount, number, or value of something.

assessment:

The evaluation or estimation of the nature, quality, or ability of someone or something.

Slang Meanings of overestimate

Meaning: Highballing

Example Sentence: He's highballing his scores on the test; he didn't do that well.

Meaning: Hype it up

Example Sentence: They really hyped it up, but it wasn't as good as they said.