Overappraisal (Noun)
Meaning
An appraisal that is too high.
Classification
Nouns denoting communicative processes and contents.
Examples
- The seller's overappraisal of the property's value resulted in it sitting on the market for months with no offers.
- An overappraisal of the artwork's value by the dealer led to a failed sale and a loss of reputation.
- In retrospect, the company realized that its overappraisal of the investment opportunity led to financial losses and a damaged reputation.
- The appraiser's overappraisal of the car's value led to the buyer overpaying by thousands of dollars.
- An overappraisal of the risk associated with the project led the investors to demand an unreasonably high return on investment.