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What does overcharges mean?

Looking for the meaning or definition of the word overcharges? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of overcharge
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Examples
And virtually 99 per cent of the mistakes we detect are overcharges rather than undercharges.
Since then, we have had no problems though occasionally I feel he overcharges us.
Furthermore, rising rates create opportunities for adjustment errors that produce undercharges as well as overcharges.
The overcharges boosted the cost of purchases by 3 percent, and were more than three times as frequent as undercharges.
Dealing with overcharges and processing refunds is time consuming and places undue administrative costs on the program.
When a private company overcharges its customers, it is called price gouging.

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