The AI-powered English dictionary
third-person singular simple present overspends, present participle overspending, simple past and past participle overspent
To spend too much money; especially, to spend more than one earns. examples
plural overspends
The amount by which someone or something is overspent. quotations examples
Whether an underspend or overspend is significant depends upon the size of the budget. A £1,000 overspend on an £8,000 drugs budget is very significant, but a £1,000 overspend may not be significant on a £300,000 ward budget.
2018, David Bailey, The NHS Budget Holder's Survival Guide, CRC Press
Electrification was not included in anticipated CP6 spending, after cost uncertainties following the Great Western Main Line overspend led to cutbacks by the Department of Transport to contain costs.
2021 October 20, Industry Insider, “The wheels turn slowly”, in RAIL, number 942, page 68