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Noun: overrating  ,ow-vu(r)'rey-ting
  1. A calculation that results in an estimate that is too high
    - overestimate, overestimation, overreckoning
Verb: overrate  'ow-vur,reyt [N. Amer], ,ow-vu(r)'reyt [Brit]
  1. Make too high an estimate of
    "He overrated his own powers";
    - overestimate

Type of: approximation, estimate, estimation, idea, misjudge