The verb is pronounced /oʊvə(r)ʃu:t/. The noun is pronounced /oʊvə(r)ʃu:t/.
( overshot)
1.
If you overshoot a place that you want to get to, you go past it by mistake.
The plane apparently overshot the runway after landing...
VERB : V n
2.
If a government or organization overshoots its budget, it spends more than it had planned to.
The government usually overshot its original spending target.
VERB : V n
•
Overshoot is also a noun.
...the 100 million pounds overshoot in the cost of building the hospital.
N-COUNT : usu supp N