1. to pay more than the proper or fair amount for something
Usage: third person singular present tense of ‘overpay’

Examples

• She always overpays for designer clothes.
• The company overpays its executives while cutting worker benefits.
• He overpays his taxes every year and gets a large refund.
• The restaurant overpays for organic ingredients but passes the cost to customers.
• My grandmother overpays the babysitter because she’s so grateful for the help.
• The government overpays contractors for simple construction projects.