/ ˌəʊvəˈspend; NAmE ˌoʊvərˈs-/ verb
( over·spent , over·spent / -ˈspent; NAmE /) overspend (on sth) to spend too much money or more than you planned :
[ v ]
The company has overspent on marketing.
[ vn ]
Many departments have overspent their budgets this year.
► over·spend / ˈəʊvəspend; NAmE ˈoʊvərs-/ noun [ sing. ] ( BrE ):
a £1 million overspend
► over·spent / ˌəʊvəˈspent; NAmE ˌoʊvərs-/ adjective :
The organization is heavily overspent.