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underspend

Line breaks: under|spend

Definition of underspend in English:

verb (past and past participle underspent)

Pronunciation: /ʌndəˈspɛnd
 
/
[no object]
1Spend too little: to underspend on the event would be unthinkable
More example sentences
  • At the same time, poor planning and delivery mean that the province is expected to underspend on child-support grants, food parcels and the building of houses.
  • In previous years we have underspent and have urged people to go out and spend the money.
  • Some departments, including radiology, finance and surgery, underspent, which offset some of the higher costing areas.
1.1 [with object] Spend less than (a specified or allocated amount): schools have underspent their training budgets
More example sentences
  • They underspent their budget by €15 million in 2002/2003.
  • She attacked the State's childcare record, claiming it underspent its childcare budget by €19m in 2001.
  • The report reveals that in several winters before 2001, the budget was underspent because of a series of mild winters.

noun

Pronunciation: /ˈʌndəspɛnd
 
/
[in singular] Back to top  
An act of underspending: areas in the year’s budget where there has been an underspend
More example sentences
  • The board was told that its prescribing budget is likely to end this financial year with an underspend of £150,000.
  • Prescribing costs ranged from an underspend of 7% to an overspend of 14%.
  • One positive development is an underspend of £2.5 million in the trust's capital spending, meaning the unspent cash can help ease the deficit.

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