From Longman Dictionary of Contemporary Englishoverspendo‧ver‧spend /ˌəʊvəˈspend $ ˌoʊvər-/ verb (past tense and past participle overspent /-ˈspent/) [intransitive, transitive] SPEND MONEYto spend more money than you can afford The hospital has overspent its budget by £70,000. —overspend /ˈəʊvəspend $ ˈoʊvər-/ noun [countable] an overspend of £200,000→ See Verb table
Examples from the Corpus
overspend• This tells you by how much the Government is overspending.• To cover the shortage, which resulted from years of overspending, about 150 jobs were eliminated and other cuts were made.• Too many people overspend during the holidays.• Know how to overspend it to widen your choices, but do not overspend recklessly.• Trade journals had pictured the company as overspending right from the start.From Longman Business Dictionaryoverspendo‧ver‧spend /ˌoʊvəˈspendˌoʊvər-/ verb (past tense and past participle overspent /-ˈspent/) [intransitive] to spend more than you can afford or more than you intendedoverspend byHealth authorities, which overspent by more than £300 million last year, must balance their books this year. —overspend /ˈəʊvəspendˈoʊvər-/ 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→ See Verb table