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overshoot

 
 
/ˌəʊvəˈʃuːt/ verb [I or T] (overshot, overshot)

Definition

to go further or do more than necessary or expected: They didn't want to overshoot by laying off huge numbers of people and having to hire them back.
FINANCE to spend more money than originally planned: Government spending continues to overshoot.overshoot (sth) by 10%/$10 million, etc. We overshot our budget this quarter by 12%.
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(Definition of overshoot verb from the Cambridge Business English Dictionary © Cambridge University Press)

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