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overbudget

[ oh-ver-buhj-it ]

adjective

  1. costing or being more than the amount alloted or budgeted:

    The building is half-finished and it's already overbudget.



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Word History and Origins

Origin of overbudget1

From prepositional phrase over budget, erroneously taken as a compound
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Example Sentences

Glen Sannox and Glen Rosa, the overbudget and long overdue CalMac ferries, have understandably attracted plenty of attention.

From BBC

The construction of two delayed and overbudget ferries has "robbed taxpayers", a Labour peer has said.

From BBC

Six years late, massively overbudget and still not completed, it has blown the ferry renewal programme off course and left island communities at the mercy of an increasingly unreliable fleet.

From BBC

He announced he was slowing moves to phase out fossil fuels in order to save taxpayers money, curtailed an overbudget high-speed railway project and announced plans to effectively ban smoking for the next generation with a gradual ban on buying cigarettes.

He added: "No more public money should go to a project which was ill conceived from the outset, running massively overbudget and encountering significant opposition from local residents."

From BBC

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