Overreckoning (Noun)
Meaning
A calculation that results in an estimate that is too high.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The financial analyst's overreckoning of the company's projected earnings led to a significant correction in the stock price.
- The architect's overreckoning of the building's materials costs resulted in a budget overrun of several hundred thousand dollars.
- The government's overreckoning of the economic benefits of the new highway led to a costly and unpopular project.
- The company's overreckoning of the demand for its new product led to a warehouse full of unsold inventory.
- The team's overreckoning of their opponent's strength led to a loss of confidence and a poor performance in the game.