Liberal Dictionary English Dictionary
adjective
- marked by prices considered unjustifiably high because of extensive buying: The stock market is overbought now.Compare oversold.
verb
- simple past tense and past participle of overbuy.
verb (used with object), o·ver·bought, o·ver·buy·ing.
- to purchase in excessive quantities.
- Finance. to buy on margin in excess of one’s ability to provide added security in an emergency, as in a falling market.
verb (used without object), o·ver·bought, o·ver·buy·ing.
- to buy regardless of one’s needs or financial means.