Looking for the meaning or definition of the word overestimate? That's all it means.
an appraisal that is too high
overestimate, overestimation, overrating, overreckoning(verb)a calculation that results in an estimate that is too high
overestimate, overrate(verb)make too high an estimate of
"He overestimated his own powers"
overvalue, overestimate(verb)assign too high a value to
"You are overestimating the value of your old car"
to place too high a value onthe contractors overestimated their ability to do the work on such short notice
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