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What is an overestimation?

What is an overestimation? Here are some definitions.

Noun
  1. An excessive estimation
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Examples
A certain presumptuousness and overestimation, derived from Calvinism, made them almost sound like proselytising preachers.
Prevalence figures from survey responders may have caused an overestimation of the true population prevalence by a modest amount.
The negative and positive signs on the ordinate mean, respectively, underestimation and overestimation of the expected values.
The probable result of the insensitivity of TLC is an overestimation of the validity of self reported drug use.
This results in an overestimation of correction coefficients when grossing up the estimates to the whole population.
A problem with working with this ratio directly is that it tends to penalize overestimation more heavily than underestimation.

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