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English definition of “overestimate”

overestimate

verb     /ˌəʊvəˈrestɪmeɪt/
[I or T] to think that something is or will be greater or more important than it really is: grossly/wildly overestimate I think we have grossly overestimated the pace of growth. Most people overestimate what they can achieve in a day and underestimate what they can achieve in a year. Assess your potential earnings honestly - don't overestimate.
[T] to think that someone is better at doing something, more intelligent, etc. than they really are: I thought they would pick it up very quickly, but I overestimated them.
overestimation noun [C or U]
(Definition of overestimate verb from the Cambridge Business English Dictionary © Cambridge University Press)
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