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overpricing

/ˌoʊvərˈpraɪsɪŋ/ noun · British & US
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What does overpricing mean?

noun

The act of setting a price that is higher than the true value of something, often to make a profit. Excessive pricing.

Example

"The company was accused of overpricing their new product, which led to a loss of customer trust."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

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Rhymes with overpricing