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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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Recent theoretical work suggests this overestimation problem may be more serious than it first appears.
But overestimation errors are unbounded, whereas underestimation errors are bounded, since they cannot be smaller than zero.
A certain presumptuousness and overestimation, derived from Calvinism, made them almost sound like proselytising preachers.
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.
Reducing the rest period before measurement of blood pressure to under four minutes risks significant overestimation.

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