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The Collaborative International Dictionary
Overbuy

Overbuy \O`ver*buy"\, v. t.

  1. To buy too much.

  2. To buy at too dear a rate.
    --Dryden.

Wiktionary
overbuy

vb. To buy excessively, especially to buy more than one needs or can afford.

Usage examples of "overbuy".

Most of the time we would have overbought and somebody would have to go back the next day and cancel a few orders.

Er Thom was trading on port at the time and placed the overbought handily, to his own profit and to mine.

Thyne was overbuying weapons and having them delivered to any number of sites.