overspending

Definition

noun
the act of spending more than is allowed
ExampleThe board decided to limit the overspending by the production departments.

Use overspending in a sentence

You should make sure that you are not doing any overspending or you may not be able to finish the project.

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The budgeting team had unfortunately been guilty of overspending in the past, but with some new management in that department we had higher hopes for the coming year.

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After receiving word of lavish parties and the purchasing of various luxury cars, the CEO fired the young supervisor on account of his overspending using the company credit card.

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