overpaying

Paying too much

Overpaying is paying more than something is worth or more than necessary.

You might overpay for a used car, overpay your taxes (and get a refund), or overpay an employee relative to market rates.

I think we're overpaying for cable.

The past tense is overpaid: He's overpaid and underworked.

overcharge

overpriced

Costing more than warranted

rip-off · inflated · exorbitant · excessive · unreasonable · steep · premium · overvaluation · fleeced · swindled

wastefulness

squandering

Reckless depletion of resources

splurge · frivolous · unnecessary · imprudent · irresponsible · excess · indulgence · spendthrift · prodigal · wasteful

mistake

miscalculation

Error in estimation

blunder · inaccuracy · lapse · carelessness · negligence · uninformed · naive · gullible · duped · fooled

generosity

tipping

Paying beyond the bill

donation · patronage · support · benefactor · largesse · magnanimity · kindness · altruism · philanthropy · sponsorship

guilt

compensation

Payment for services rendered

gratuity · conscience · apologetic · obligation · indebtedness · fairness · equity · remorse · restitution · penance

Categories
Opposites
price fairness

overpayingunderpaying

Compensating below fair value

shortchanging · stiffing

financial outcome for buyer

overpayingeconomizing

Reducing expenditures deliberately

bargain hunting · profiting · penny-pinching

Family

pay, payment, paying, repay, repayment, repaid, prepaid, payable, prepay

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Negative · Everyday, not technical · Rated G