Definition of underspend in English:

underspend

verb

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

    ‘to underspend on the event would be unthinkable’
    • ‘Why, then, have universities and colleges, with a few exceptions, consistently underspent?’
    • ‘It acknowledges that the company underspent in previous years, but says it is committed to additional investment in the network.’
    • ‘There is finite funding, but we consistently underspend.’
    • ‘It has also been revealed that almost half of local authorities are underspending on road maintenance.’
    • ‘This council must make up for all the underspending or they will find themselves out at the council elections this year.’
    • ‘We have been underspending on our roading network for the past 20 years, and that is why we are in the current situation.’
    • ‘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.’
    • ‘In previous years we have underspent and have urged people to go out and spend the money.’
    • ‘Insiders in the water industry blame decades of underspending for the poor state of the water network.’
    • ‘‘In any big organisation that spends £180 million there are going to be some areas where you overspend and underspend,’ he said.’
    • ‘It is therefore incorrect to say the Department of Education underspent, because at present there is no weak expenditure on the part the department.’
    • ‘Some departments, including radiology, finance and surgery, underspent, which offset some of the higher costing areas.’
    • ‘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.’
    • ‘Restructuring and underspending by $1 million wouldn't be enough for the church to sustain itself.’
    • ‘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.’
    • ‘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.’
    • ‘But we are in no way complacent about underspends and we are taking steps to reduce them.’
    1. 1.1with object Spend less than (a specified or allocated amount)
      ‘schools have underspent their training 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.’
      • ‘They tended to underspend budgets rather than overspend budgets.’
      • ‘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.’
      • ‘I notice that it significantly underspent its budget last year, even without the increased funding it now has.’
      • ‘In an environment where departments operate with significantly high vacancy rates the expectation is to have them underspend their budgets.’
      • ‘The report reveals that in several winters before 2001, the budget was underspent because of a series of mild winters.’
      • ‘This year's food safety budget is underspent by approximately $5 million.’
      • ‘She attacked the State's childcare record, claiming it underspent its childcare budget by €19m in 2001.’
      • ‘Ms Burton said the latest figures showed the Government had underspent on capital projects by as much as €500m.’
      • ‘The unit is underspent on its budget and it has been cited as good practice nationally.’
      • ‘Not only have I kept to the budget, but I've underspent by £100 this month.’
      • ‘Last year it underspent by something like $230 million.’
      • ‘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?’
      • ‘It has in previous years underspent its capital budget.’
      • ‘In fact, the council has managed to underspend by over £6 million.’
      • ‘The department has over the years underspent its budget, resulting in the unspent funds being rolled over and taken over by the Treasury.’
      • ‘Then one evening, on inspecting the household accounts, I suddenly realised that unless something were done our annual budget would be underspent.’
      • ‘Of a $9.6 billion budget, half a billion dollars was underspent.’
      • ‘They underspent their budget by €15 million in 2002/2003.’
      • ‘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.’

noun

Pronunciation /ˈʌndəspɛnd/
  • An act of underspending.

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

Pronunciation

underspend

Verb/ʌndəˈspɛnd/

underspend

Noun/ˈʌndəspɛnd/