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2017 Word of the Year

overbought

[oh-ver-bawt] /ˈoʊ vərˈbɔt/
adjective
1.
marked by prices considered unjustifiably high because of extensive buying:
The stock market is overbought now.
Compare oversold.
verb
2.
simple past tense and past participle of overbuy.
Origin of overbought
1955-1960
First recorded in 1955-60; over- + bought

overbuy

[oh-ver-bahy] /ˌoʊ vərˈbaɪ/
verb (used with object), overbought, overbuying.
1.
to purchase in excessive quantities.
2.
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), overbought, overbuying.
3.
to buy regardless of one's needs or financial means.
Origin
First recorded in 1400-50, overbuy is from the late Middle English word overbiggen. See over-, buy
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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