Synonyms & Near Synonyms for overpricing. overestimating, overrating, overvaluing.

What is the definition of overpriced?

(oʊvərpraɪst ) adjective. If you say that something is overpriced, you mean that you think it costs much more than it should. I went and had an overpriced cup of coffee in the hotel cafeteria.

Is overpricing illegal?

Under the Consumer Act or Republic Act (RA) No. 7394, overpricing of face masks may be considered as an unfair and unconscionable sales act or practice since it involves taking advantage of consumers in this time of need. The Price Act (RA 7581) also considers this as an act of profiteering.