Usually means: Assessing value or size too high.
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We found 14 dictionaries that define the word overestimation:

General (13 matching dictionaries)
  1. overestimation: Merriam-Webster
  2. overestimation: Oxford Learner's Dictionaries
  3. overestimation: Collins English Dictionary
  4. overestimation: Vocabulary.com
  5. overestimation: Wordnik
  6. overestimation: Wiktionary
  7. overestimation: Dictionary.com
  8. overestimation: Rhymezone
  9. overestimation: FreeDictionary.org
  10. overestimation: Mnemonic Dictionary
  11. overestimation: TheFreeDictionary.com

Business (1 matching dictionary)
  1. overestimation: Legal dictionary

(Note: See overestimations as well.)

Definitions from Wiktionary (overestimation)

noun:  An excessive estimation.

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Opposite:

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