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Also available:
World English Dictionary
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overbought
o·ver·bought
[
vər báwt
]
adjective
Definition:
inflated in price:
characterized by high prices on the stock exchange as the result of recent heavy trading, and so not likely to rise further in the near future.
See also
oversold
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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