Overrun, Oversold, Overtime Pay, Overvalued

Overrun, Oversold, Overtime Pay, Overvalued :

Overrun : that amount of cost which exceeds itself by budgeted cost : Surplus production which was not required and might be sold at reduced price

Oversold : of that much quantity of goods which were promised but which were not delivered due to either poor planning or labor problems : of a product that is produced very abundantly and for which extra price is being asked can cause a drop in sales

Overtime Pay : That amount of salary which is being paid to worker for which he has devoted extra time other than his normal working hours. According to Federal law that decrees a minimum of a 50% premium over base pay for work beyond forty hours in one week while union contracts often call for fewer regular time hours and a premium of 100% in certain situations.

Overvalued : The asset or stock which is shown of much higher value than its real value in books of accounts


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