Definition, Meaning & Synonyms
overspend
verb
/ˌoʊvərˈspɛnd/
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Definition
To spend more money than one can afford or more than is intended.
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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.
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Meaning
Overspend refers to the act of exceeding one’s budget or financial limits while making purchases or expenditures.
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Synonyms
- exceed
- overextend
- overshoot