English version


From Longman Business Dictionaryunderspendun‧der‧spend /ˌʌndəˈspend-ər-/ verb (past tense and past participle underspent /-ˈspent/) [intransitive, transitive]FINANCE to spend less than you intended or than you are allowed toIf the budget is underspent, then the amount will be lost or next year’s budget will be reduced to the lower amount.underspend byWe underspent last year by about 30%.underspend noun [countable]Departments are not allowed to carry forward underspends into the next financial year.
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