overvaluation
/ˌoʊvərˌvæljuˈeɪʃən/
noun
- The act of giving something a value or importance that is too high; an estimate that is greater than the true worth.
- Historians warn against the overvaluation of a single event in explaining a war.
- The overvaluation of his skills made him overconfident in the job interview.
- The overvaluation of the company's stock led to a sharp drop when profits were reported.
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