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What (who) is overvalue - definition
overvalue
¦ verb (overvalues, overvaluing, overvalued)
1. overestimate the importance of.
2. fix the value of (something, especially a currency) at too high a level.
Derivatives
overvaluation noun
overvalue
(overvalues, overvaluing, overvalued)
To overvalue something, often a cost or rate of exchange, means to fix its value at too high a level compared with other similar things.
...a rate which does not overvalue the pound...
Many, perhaps all, Internet stocks are hugely overvalued.
? undervalue
VERB: V n, be V-ed
• overvaluation
These problems were aggravated by the overvaluation of the pound.
N-UNCOUNT: oft N of n
• overvalued
It still can be argued that Japanese shares are overvalued in terms of the return they offer.
? undervalued
ADJ
overvalue
v. a.
Overrate, overprize, overestimate, make too much of.
Examples of use of overvalue
1. However, the barrister said that was a "significant overvalue" and the flat had been kept in both their names.
2. Not only do some agents overvalue properties, which gives owners a false sense of security, but an owner can put his house on the market today for 18 months and fail to get a single offer.
3. The dissenter, Judge Betty Fletcher, said the corps had done suspect analysis of the project‘s impact on beach erosion and river pollution, and its economic reasoning was flawed. The corps is wont to undervalue costs and overvalue benefits so that it can get on with its mission – constructing water projects,‘‘ Fletcher wrote.