Definition, Meaning & Synonyms

overspend

verb
/ˌoʊvərˈspɛnd/
Definition
To spend more money than one can afford or more than is intended.
Examples
  • Many people tend to overspend during the holiday season.
  • If you continue to overspend, you’ll find it hard to save for important goals.
  • She had to cut back on her monthly expenses after she realized she had overspent on dining out.
Meaning
Overspend refers to the act of exceeding one’s budget or financial limits while making purchases or expenditures.
Synonyms
  • exceed
  • overextend
  • overshoot