underspend Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “underspend” in the English Dictionary

"underspend" in Business English

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underspendverb [I or T]

uk   us   /ˌʌndəˈspend/ (underspent) FINANCE, ECONOMICS
to ​spend less than you are able to or than was ​planned: Departments that are underspending are being ​allowed to ​carry unused ​parts of their ​budgetsforward.underspend on sth If we continue to underspend on the ​network, problems will ​build up. Big ​oilfirms are underspending their ​explorationbudgets.

underspendnoun [C or U]

uk   us   /ˈʌndəspend/ (underspent) FINANCE, ECONOMICS
the ​act of ​spending less than you are able to or than was ​planned, or the ​amountspent: The Scottish Executive had a year-end underspend of £750m. They ​agreed that he could ​carryforward any underspend from this year's ​budget.an underspend on sth The underspend on the ​capitalinvestmentprogramme might be ​due to ​cutting corners.
(Definition of underspend from the Cambridge Business English Dictionary © Cambridge University Press)
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“underspend” in Business English

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