overate / overrate are similar-sounding terms with different meanings (referred to as homophones). To better understand the differences, see below for definitions, pronunciation guides, and example sentences using each term. 👇
overate: NA
overrate: NA
overate: ow·v·er·EY·t
overrate: OW·v·er·r·EY·t
(Examples are Wikipedia snippets under the CC ShareAlike 3.0 license. Definitions drawn from WordNet.)