Definition of underspend noun from the Oxford Advanced Learner's Dictionary

 

underspend

 noun
noun
BrE BrE//ˈʌndəspend//
 
; NAmE NAmE//ˈʌndərspend//
 
[singular](British English)
 
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a situation in which not enough money is spent on something, especially when money has been made available for something but still not spent a £1 million underspend underspend on something The underspend on road maintenance is a national scandal.

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