overbought
Variant of overbuy
overbuy
Definition
over·buy (ō′vər bī′)
transitive verb, intransitive verb overbought -·bought′, overbuying -·buy′·ing
to buy more than is needed or justified by ability to pay
overbought Finance Definition
A
trading condition in which a stock or other financial instrument has had a
quick run up in its price, making the price higher than it should be. A market
with prices that are too high is said to be overbought, and the prices may
decline in a correction. The opposite is oversold.
Browse dictionary entries near overbought
- overborne
- overbore
- overbook
- overboard
- overblown
- overblowing
- overblow
- overblouse
- overblew
- overbite
- overbreadth
- overbuild
- overbuilding
- overbuilt
- overburden
- overbuy
- overbuying
- overcall
- overcame
- overcapacity
