- overspend
- overspend o‧ver‧spend [ˌoʊvəˈspend ǁ ˌoʊvər-] verb overspent PTandPP [-ˈspent] [intransitive]to spend more than you can afford or more than you intended:overspend by
• Health authorities, which overspent by more than £300 million last year, must balance their books this year.
— overspend [ˈəʊvəspend ǁ ˈoʊvər-] noun [countable usually singular] :• They have moved from a £21 million surplus to a £6 million overspend.
— overspending noun [uncountable] :• years of overspending on public programs
* * *
Ⅰ.overspend UK US /ˌəʊvəˈspend/ verb [I or T] (overspent, overspent)► FINANCE to spend more money than you have or more than was planned or agreed: »Credit cards encourage people to overspend, he says.
overspend on sth »The company overspent on its advertising.
»There are penalties for federal officials who knowingly overspend their budgets.
Ⅱ.UKoverspend UK US US /ˌəʊvəˈspend/ /ˈəʊvəspend/ noun [S] UK► FINANCE an amount of money spent by an organization or person that is more than was planned or agreed: »The auditor expressed concern at the council's overspend of €100 million.
an overspend on sth »The organization had attempted to conceal a huge overspend on its new headquarters.
Financial and business terms. 2012.