underspend

/ ˌʌndəˈspɛnd /

verb

1. to spend less than (one can afford or is allocated)

noun

1. the amount by which someone or something is underspent

Example Sentences

Its assumption of an underspend of £2.9bn published in its Economic and Fiscal Outlook would "very likely have been dropped" and instead it would have made a "materially higher" forecast for spending this year.

From BBC

It comes after a government report confirmed there had been a £358m underspend in the agricultural budget across last three years.

From BBC

Both Defra and the Treasury declined to comment on any proposed cuts but the government has acknowledged there was a £358m underspend in the agricultural budget over the past three years.

From BBC

In the recent budget cuts announced by Welsh government, there was an £11.5m underspend on the universal free school meal scheme.

From BBC

There was also an underspend of £310m when it came to investing in new projects during the first two years of the capital programme.

From BBC