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overextend (v.)

also over-extend, "to take on too much" (work, debt, etc.), 1937, from over- + extend. Related: Overextended; overextending.

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Definitions of overextend from WordNet

overextend (v.)
strain excessively;
He overextended himself when he accepted the additional assignment
Synonyms: overstrain
From wordnet.princeton.edu