Definition

1. Verb (transitive and intransitive):
   • To spend more money than one can afford or more than is available in a budget.
   • To spend money at an excessively high or extravagant rate.

Usage and Examples

• Transitive Verb (spend more than a specific amount):

  • The project overspent its budget by 20%.
  • We must be careful not to overspend our allowance this month.

• Intransitive Verb (spend too much in general):

  • If you keep overspending, you will go into debt.
  • During the holidays, many people tend to overspend.

Advanced Usage

• "to overspend on something": To spend too much money on a particular item or category.
  • They overspent on the wedding decorations.
• The past tense and past participle form is overspent.

Variants and Related Words

• Overspending (noun): The act or habit of spending too much money.
  • Chronic overspending can lead to financial problems.

Synonyms

• Splurge: To spend money freely or extravagantly.
• Exceed a budget: To go beyond the limits of a planned budget.

Antonyms

• Underspend: To spend less than the amount available or budgeted.
• Save: To keep money for future use instead of spending it.

Related Phrases

• Overspend oneself: An older or more formal phrase meaning to spend beyond one's personal means.
  • He warned them not to overspend themselves on the grand tour.

Verb

1. spend at a high rate
2. spend more than available of (a budget)