Overspending
/ˌoʊvərˈspɛndɪŋ/
Definitions
- (n.) The act of spending funds beyond what is legally authorized or budgeted, often leading to legal or financial consequences.
The government faced legal scrutiny for overspending its allocated budget.
Forms
- overspending
Related terms
See also
Commentary
In legal drafting, specify authorized budget limits clearly to prevent disputes over overspending.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.