overextend

overextend
overextended o‧ver‧ex‧ten‧ded [ˌəʊvərɪkˈstendd◂ ǁ ˌoʊ-] adjective
1. 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.

* * *

overextend UK US /ˌəʊvərɪkˈstend/ verb [I or T]
FINANCE to spend too much money, or borrow more money than you can pay back: »

It is a sad fact that many people overextended their mortgage commitments and now face difficulties.

overextend yourself »

Borrowers overextend themselves in refinancing to cover unforeseen expenses.

to try to do more work or other activities than you can manage: overextend yourself »

The fear of failure can lead young people to overextend themselves.

»

He rejects opportunities that he thinks would overextend the firm's resources.


Financial and business terms. 2012.

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Look at other dictionaries:

  • overextend — I verb develop too fast, develop too much, distend, go too far, grow too fast, grow too much, overcommit, overdevelop, overexpand, spread too far, spread too thin, strain, stretch, stretch too far II index overdraw, overreach Burton s Legal… …   Law dictionary

  • overextend — [ō΄vərek stend′] vt. to extend beyond reasonable limits or beyond one s capacity to meet obligations or commitments overextension [ō΄vərek sten′shən] n …   English World dictionary

  • overextend — UK [ˌəʊvərɪkˈstend] / US [ˌoʊvərɪkˈstend] verb [transitive] Word forms overextend : present tense I/you/we/they overextend he/she/it overextends present participle overextending past tense overextended past participle overextended to use more of… …   English dictionary

  • overextend (T) — to try to do or use too much of something, causing problems, illness, or damage: The accountants have advised us not to overextend our resources. | overextend yourself: Be careful not to overextend yourself. You ve been very ill! …   Longman dictionary of contemporary English

  • overextend — o|ver|ex|tend [ˌəuvərıkˈstend US ˌou ] v [T] 1.) to try to do or use too much of something, causing problems, illness, or damage overextend yourself ▪ Be careful not to overextend yourself. You ve been very ill. 2.) to spend more money than you… …   Dictionary of contemporary English

  • overextend — o|ver|ex|tend [ ,ouvərık stend ] verb transitive to use more of something than is reasonable or sensible: OVERSTRETCH: overextend your finances a. overextend yourself to cause yourself harm by trying to do too much …   Usage of the words and phrases in modern English

  • overextend — overextension /oh veuhr ik sten sheuhn/, n. /oh veuhr ik stend /, v.t. 1. to extend, reach, or expand beyond a proper, safe, or reasonable point: a company that overextended its credit to diversify. 2. to extend for too long a time: to overextend …   Universalium

  • overextend — over·ex·tend .ō və rik stend vt to extend too far <overextend the back> over·ex·ten·sion sten chən n …   Medical dictionary

  • overextend yourself — phrase to cause yourself harm by trying to do too much Thesaurus: to cause problems for yourselfsynonym Main entry: overextend * * * overextend yourself 1 : to try to do too much Don t overextend yourself or else you ll burn out …   Useful english dictionary

  • overextend — transitive verb Date: 1937 to extend or expand beyond a safe or reasonable point; especially to commit (oneself) financially beyond what can be paid • overextension noun …   New Collegiate Dictionary

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