overbought definition

  • verb:
    • Past tight and previous participle of overbuy.
  • adjective:
    • Characterized by exorbitant costs due to prior heavy purchasing and a concomitant increase in rates: an overbought currency markets.
    • A stock or product marketplace problem where there has been significant investing putting in a bid up prices to raised amounts, amounts which seem overextended or exorbitant on a short-term foundation.

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