IPA: //ˌoʊvərˈpraɪz//
KK: /oʊvərpraɪz/
To assign a value to something that is greater than its actual worth.
Many people tend to overprize rare collectibles, thinking they are worth more than they really are.
Past: overprized
Past Participle: overprized
Overprize → It is formed from "over-" (meaning excessively) and "prize" (from Old French *pris*, meaning value or worth). The word "overprize" means to value something excessively or to place too high a worth on it.
Think of valuing something 'excessively' ('over-') — that's why overprize means to give something too much value.
No commonly confused words.