Overestimating: meaning, definitions and examples
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overestimating
[ ˌoʊvərˈɛstɪmeɪtɪŋ ]
judgment error
Overestimating refers to the act of making an inaccurate assessment that something is greater or more significant than it actually is. This can pertain to the evaluation of abilities, risks, or outcomes. It is often seen in various fields such as finance, psychology, and everyday decision-making.
Synonyms
Examples of usage
- Investors often fall into the trap of overestimating future profits.
- She was overestimating her ability to complete the project in one week.
- By overestimating the risks, he missed a valuable opportunity.
- Teachers may sometimes overestimate a student's understanding of the material.
Translations
Translations of the word "overestimating" in other languages:
🇵🇹 superestimando
🇮🇳 अधिक मूल्यांकन करना
🇩🇪 Überschätzung
🇮🇩 melebih-lebihkan
🇺🇦 перебільшення
🇵🇱 przeszacowanie
🇯🇵 過大評価する
🇫🇷 sous-estimation
🇪🇸 sobreestimación
🇹🇷 abartmak
🇰🇷 과대평가하다
🇸🇦 تقدير مبالغ فيه
🇨🇿 nadhodnocení
🇸🇰 nadhodnotenie
🇨🇳 高估
🇸🇮 pretiravanje
🇮🇸 ofmat
🇰🇿 артық бағалау
🇬🇪 გარკვეული შეფასება
🇦🇿 şişirdilmiş qiymətləndirmə
🇲🇽 sobreestimación
Etymology
The term 'overestimate' is a combination of the prefix 'over-' meaning above or beyond, and the verb 'estimate', which derives from Latin 'estimare', meaning to appraise or value. The prefix 'over-' has been used in English since the Middle Ages to indicate excess or exaggeration. 'Estimate' has been a part of the English language since the late Middle English period, and its usage evolved as the need for quantifying value and measurement grew in commerce and academia. The concept of overestimating has significant implications in various fields, particularly in psychology and economics, where understanding the nuances of risk and reward evaluations is crucial. Over time, the use of 'overestimating' has extended beyond mathematical contexts to include emotional and behavioral assessments, illustrating the breadth of human cognitive biases.