Meaning of the word overestimate in English

What does overestimate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

overestimate

US /ˌoʊ.vɚˈes.tə.meɪt/
UK /ˌəʊ.vəˈres.tɪ.meɪt/
"overestimate" picture

Verb

to estimate (something) to be greater than it really is

Example:
Don't overestimate your abilities; the task is harder than it looks.
The company tends to overestimate its sales figures each quarter.

Noun

an estimate that is greater than the actual amount or value

Example:
The initial budget was an overestimate of the project's true cost.
His confidence was an overestimate of his actual skill.