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to overestimate
01
to give or assign a greater level of importance, value, or quantity to something than it actually has
02
to guess or calculate a value, size, or etc. to be higher than it actually is
Overestimate
01
a calculation that results in an estimate that is too high
02
an appraisal that is too high
Example
In this situation, it's better to err on the side of overestimating the budget to ensure all costs are covered.
