Priced too high; costing more money than something is reasonably worth.
Compound of 'over-' (Old English, excessive) and 'priced' (from Old French 'pris,' meaning value/cost). The compound emerged in modern English during the 19th-20th centuries as consumer capitalism grew.
The word 'overpriced' is younger than you'd think—it reflects a consumer mindset that only became common after industrialization made comparison shopping possible; medieval peasants couldn't compare prices across villages.
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