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overspend

verb [I or T]
 
 
/ˌəʊ.vəˈspend/ US  /ˌoʊ.vɚ-/ (overspent, overspent)

Definition

to spend more money than you should: The council seems likely to overspend this year. The hospital has already overspent (on) its drugs budget.Paying and spending money overspending
 
 
/-ˈspen.dɪŋ/ noun [U]
Paying and spending money
(Definition of overspend verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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