Overestimate \O`ver*es"ti*mate\, v. t. 1. To estimate too highly.
2. Hence: To overvalue. [PJC]
Overestimate \O`ver*es"ti*mate\, n. An estimate that is too high; as, an overestimate of the vote.
"I don't think we should overestimate the importance" of the port call, Soviet Foreign Ministry spokesman Gennady Gerasimov said.
When inflation was high, retailers tended to overestimate volume growth and the CBI figures were generally better than the official numbers.
Second, the book or nominal value of loans owed to U.S. banks and non-banking institutions by the principal developing countries is a substantial overestimate of their true market value.
ERS researchers themselves, however, say that is likely to be an overestimate.
The Rand Corp. report also contends that Iran continues to overestimate the importance of the hostages to the U.S. government.
Last June, it announced $31 million in write-downs associated with the division, including $23 million from "prior management's overestimate of sales."
The economic growth of 2.5 per cent forecast by the OECD for 1993 to 1994 could prove to be yet another overestimate.
We tend to overestimate the death rate in the future.
But remarriage rates have been declining, so the projections may turn out to overestimate remarriages, Bumpass said.
Yeutter, touring Iowa drought areas earlier this week, cautioned against overreaction. "We have to be careful we don't overestimate the problems and respond in a way that just isn't called for under the circumstances," he said.
"You can't overestimate how emotional that day is _ whether it's your first child or your last child to head to college.