underspend

underspend
underspend un‧der‧spend [ˌʌndəˈspend ǁ -ər-] verb underspent PTandPP [-ˈspent] [intransitive, transitive] FINANCE
to spend less than you intended or than you are allowed to:

• If the budget is underspent, then the amount will be lost or next year's budget will be reduced to the lower amount.

underspend by

• We underspent last year by about 30%.

— underspend [ˈʌndəspend ǁ -ər-] noun [countable] :

• Departments are not allowed to carry forward underspends into the next financial year.

* * *

Ⅰ.
underspend UK US /ˌʌndəˈspend/ verb [I or T] (underspent) FINANCE, ECONOMICS
► to spend less than you are able to or than was planned: »

Departments that are underspending are being allowed to carry unused parts of their budgets forward.

 underspend on sth »

If we continue to underspend on the network, problems will build up.

 »

Big oil firms are underspending their exploration budgets.

→ Compare OVERSPEND(Cf. ↑overspend) verb
Ⅱ.
underspend UK US /ˈʌndəspend/ noun [C or U] (underspent) FINANCE, ECONOMICS
► the act of spending less than you are able to or than was planned, or the amount spent: »

The Scottish Executive had a year-end underspend of £750m.

 »

They agreed that he could carry forward any underspend from this year's budget.

 an underspend on sth »

The underspend on the capital investment programme might be due to cutting corners.

→ Compare OVERSPEND(Cf. ↑overspend) noun

Financial and business terms. 2012.

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Look at other dictionaries:

  • Underspend — Un der*spend , v. t. To spend less than. [1913 Webster] …   The Collaborative International Dictionary of English

  • underspend — ► VERB (past and past part. underspent) ▪ spend too little or less than has been planned. ► NOUN ▪ an act of underspending …   English terms dictionary

  • underspend — [spelling only] …   English World dictionary

  • underspend — I UK [ˌʌndə(r)ˈspend] / US [ˌʌndərˈspend] verb [intransitive/transitive] Word forms underspend : present tense I/you/we/they underspend he/she/it underspends present participle underspending past tense underspent UK [ˌʌndə(r)ˈspent] / US… …   English dictionary

  • underspend — [[t]ʌ̱ndə(r)spend[/t]] underspends, underspending, underspent VERB If an organization or country underspends, it spends less money than it plans to or less money than it can afford. ...a country that underspends on health and overspends on… …   English dictionary

  • underspend — v., underspent, underspending. * * * …   Universalium

  • underspend — 1. verb To not spend funds appropriated or allocated. 2. noun An amount by which an allocated amount is not expended. Any underspends will revert to the general fund at the end of the year …   Wiktionary

  • underspend — un|der|spend [ ,ʌndər spend ] (past tense and past participle un|der|spent [ ,ʌndər spent ] ) verb intransitive or transitive to spend too little money on something, or to spend less than you expected: The government has underspent its budget by… …   Usage of the words and phrases in modern English

  • underspend — v. spend less than, use less than the allotted amount of money …   English contemporary dictionary

  • underspend — verb (past and past participle underspent) spend too little or less than has been planned. noun an instance of underspending …   English new terms dictionary

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