Definition of underspend in English:

underspend

verb

[NO OBJECT]
Pronunciation: /ʌndəˈspɛnd/
  • 1 Spend too little:

    ‘to underspend on the event would be unthinkable’
    • ‘Insiders in the water industry blame decades of underspending for the poor state of the water network.’
    • ‘He said that the council had been underspending for too long and that was why services were now cut to the bone or had been scrapped over the past four years.’
    • ‘We are required not to overspend, so there will always be a propensity to underspend.’
    • ‘Proper budgeting is impossible until this is done and we have to get away from a situation where we have simply moved from overspending to underspending.’
    • ‘‘We accept that this is a priority area, but since you are already underspending, we don't believe they'll be able to spend more of it,’ an official said.’
    • ‘We have been underspending on our roading network for the past 20 years, and that is why we are in the current situation.’
    • ‘Restructuring and underspending by $1 million wouldn't be enough for the church to sustain itself.’
    • ‘It acknowledges that the company underspent in previous years, but says it is committed to additional investment in the network.’
    • ‘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.’
    • ‘Why, then, have universities and colleges, with a few exceptions, consistently underspent?’
    • ‘In previous years we have underspent and have urged people to go out and spend the money.’
    • ‘If you can keep trying to underspend by a little bit here and there and reduce your overdraft accordingly each time, you'll soon find that you don't have one anymore.’
    • ‘This council must make up for all the underspending or they will find themselves out at the council elections this year.’
    • ‘‘In any big organisation that spends £180 million there are going to be some areas where you overspend and underspend,’ he said.’
    • ‘Some departments, including radiology, finance and surgery, underspent, which offset some of the higher costing areas.’
    • ‘But we are in no way complacent about underspends and we are taking steps to reduce them.’
    • ‘It is therefore incorrect to say the Department of Education underspent, because at present there is no weak expenditure on the part the department.’
    • ‘There is finite funding, but we consistently underspend.’
    • ‘It has also been revealed that almost half of local authorities are underspending on road maintenance.’
    1. 1.1[with object] Spend less than (a specified or allocated amount):
      ‘schools have underspent their training budgets’
      • ‘Ms Burton said the latest figures showed the Government had underspent on capital projects by as much as €500m.’
      • ‘Not only have I kept to the budget, but I've underspent by £100 this month.’
      • ‘It has in previous years underspent its capital budget.’
      • ‘If you can underspend by, say, £50 or £100 a month, you can then phone your bank and get them to reduce your overdraft by an equivalent amount.’
      • ‘In fact, the council has managed to underspend by over £6 million.’
      • ‘Government departments underspent on their budgets by €1.1bn in the first six months, with the departments of health, education, transport and environment all well below their spending targets.’
      • ‘The report reveals that in several winters before 2001, the budget was underspent because of a series of mild winters.’
      • ‘The department has over the years underspent its budget, resulting in the unspent funds being rolled over and taken over by the Treasury.’
      • ‘The unit is underspent on its budget and it has been cited as good practice nationally.’
      • ‘I notice that it significantly underspent its budget last year, even without the increased funding it now has.’
      • ‘They underspent their budget by €15 million in 2002/2003.’
      • ‘Last year it underspent by something like $230 million.’
      • ‘They tended to underspend budgets rather than overspend budgets.’
      • ‘Of a $9.6 billion budget, half a billion dollars was underspent.’
      • ‘She attacked the State's childcare record, claiming it underspent its childcare budget by €19m in 2001.’
      • ‘This year's food safety budget is underspent by approximately $5 million.’
      • ‘In an environment where departments operate with significantly high vacancy rates the expectation is to have them underspend their budgets.’
      • ‘The trust underspent in 2002/3, but the following financial year overspent by £2.1 million just over one per cent of its total budget.’
      • ‘Is the Minister aware of any other district health boards that have deviated from their nominated budgets, resulting in underspending and a reduction of services and treatment in their regions?’
      • ‘Then one evening, on inspecting the household accounts, I suddenly realised that unless something were done our annual budget would be underspent.’

noun

Pronunciation: /ˈʌndəspɛnd/
  • [in singular] An act of underspending:

    ‘areas in the year's budget where there has been an underspend’
    • ‘We had an underspend from the budget of 2001 and 2002, and we decided it was best targeted at a one-off project.’
    • ‘There is a real question over how the huge extra expenditure can be absorbed and put to use in a system that already has difficulty not producing an underspend in its budgets from year to year.’
    • ‘She believes that the underspend was deliberately engineered by the company so that it could use the surplus to fund its other activities.’
    • ‘It was an underspend, but that money is all promised and expected.’
    • ‘Past underspends have fallen disproportionately on capital investment programmes.’
    • ‘The underspend on road maintenance is a national scandal.’
    • ‘The board was told that its prescribing budget is likely to end this financial year with an underspend of £150,000.’
    • ‘In June his underspend was due to come in at £600m.’
    • ‘Last year, there was a $500 million underspend.’
    • ‘In future there will be a close watch kept on what happens to underspends at the end of the financial year.’
    • ‘Large underspends, worth hundreds of thousands of pounds, have been rung up in the education and environmental services departments.’
    • ‘To help them do this, some of the 2002/03 underspends were carried forward to 2004/05.’
    • ‘He said it was based on an underspend in the past year, and when this was combined with inflation, the increase was virtually wiped out.’
    • ‘As I advised the member yesterday, I was informed 2 months ago of the underspend.’
    • ‘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.’
    • ‘They admitted there was an underspend; they didn't have a good story to tell.’
    • ‘Therefore, I have never disputed the fact that up until then there was a serious underspend in relation to infrastructure spend in the West.’
    • ‘Prescribing costs ranged from an underspend of 7% to an overspend of 14%.’
    • ‘The actual contribution was £275,000, due to an underspend within the total budget.’

Pronunciation:

underspend

Verb/ʌndəˈspɛnd/

underspend

Noun/ˈʌndəspɛnd/