Definition of overspend verb from the Oxford Advanced American Dictionary

 

overspend

 verb
verb
NAmE//ˌoʊvərˈspɛnd//
 
[intransitive, transitive]Verb Forms present simple I / you / we / they overspend
 
he / she / it overspends
 
past simple overspent
 
-ing form overspending
 
 
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to spend too much money or more than you planned overspend (on something) The company has overspent on marketing. overspend something Many departments have overspent their budgets this year.
NAmE//ˌoʊvərˈspɛnt//
 
adjective The organization is heavily overspent.