transitive + intransitive
: to discount (something) too much : to reduce (something) too much in price or value
- The retailer is overdiscounting its merchandise/prices.
- … lack of knowledge caused the general marketplace to overdiscount its nonperformers …
- —Sanford Rose
- … market participants may overdiscount for the effects of uncertainty …
- —Edmund L. Jenkins
: to give too little weight or consideration to (something)
- … we overdiscount the power of social media over our lives.
- —Brady Dale
- Both are examples of the human tendency to overdiscount future events. In both impatience and procrastination, we overweight the immediate.
- —Frank Partnoy
- As Professor [Samuel] Issacharoff notes, lawyers "may tend to overdiscount the likelihood of eventual punishment, thus undermining the deterrent function of the prescribed penalty."
- —Michelle M. Kwon