[CPLX]

To get picky, it doesn't necessarily mean they "overpaid" it means the asset is now worth less.

You could make an argument that the two concepts are the same thing, but that's not really how business works.

For example you could have paid exactly what the market value was for something, maybe even gotten a "good deal" as of the date the deal closed, and the market could subsequently shift.

Like if they invent a cheap way to convert water to unleaded gasoline tomorrow it doesn't mean you "overpaid" for Exxon three years ago, per se.