- overextended
- overextended o‧ver‧ex‧ten‧ded [ˌəʊvərɪkˈstendd◂ ǁ ˌoʊ-] adjective1. COMMERCE an overextended organization is involved in more activities than it can manage, or does not have enough money to do what it wants, for example because it has borrowed or spent too much:
• Overextended private borrowers, unlike the government, can't print money or raise taxes to pay bills.
— overextend verb [transitive] :• There are still some big companies with major problems because they overextended themselves in real estate.
2. FINANCE in an overextended financial market, prices are too high and will probably fall:• Stocks are nowhere near the overextended prices he expects to see at the top of the bull market.
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overextended UK US /ˌəʊvərɪkˈstendɪd/ adjective► FINANCE having spent too much money, or borrowed more money than you can pay back: »Typically, it is people in their late 30s with mortgage commitments who find themselves overextended.
»He predicted that the nation's overextended banks would start to fail.
► having more work or other activities than you can manage: »The survey showed dads feel overextended and underappreciated.
Financial and business terms. 2012.