overappraisal

Thân thiện

The real estate agent's overappraisal of the house caused problems later.

Definition

Noun: An appraisal, estimate, or valuation that is excessively high; an assessment that exceeds the true or reasonable value.

Usage

This word is used to describe a formal or informal judgment of value, worth, or quality that is inflated or unrealistically optimistic. It often implies an error in judgment or a lack of objectivity.

Examples

• The overappraisal of the antique vase led to a significant financial loss when it was resold.
• His constant overappraisal of his own abilities made it difficult for him to accept constructive criticism.
• The real estate market suffered due to the widespread overappraisal of property values.

Advanced Usage

• In Economic Contexts: An overappraisal can contribute to asset bubbles, where prices are driven far above intrinsic values.
• In Psychology: Refers to a cognitive bias where an individual consistently rates their own skills, performance, or attributes higher than is accurate or warranted by evidence.

Variants and Related Words

• Overappraise (verb): To appraise or value something too highly.
  • Example: The agent tends to overappraise homes to win listings.
• Overvaluation (noun): A very close synonym, often used interchangeably in financial contexts.
• Overestimate (noun/verb): A more general term for a judgment or calculation that is too high.

Synonyms

• Overestimation
• Overvaluation
• Inflated appraisal
• Excessive valuation

Antonyms

• Underappraisal
• Undervaluation
• Underestimation

Học thuật

Noun

1. an appraisal that is too high

Từ đồng nghĩa

• overestimate
• overestimation
• overvaluation