Often functions as a mass/uncountable noun when referring to excess expenditure.
Translations
The company faced a significant overspend on their marketing budget.
Компания столкнулась с значительным перерасходом своего маркетингового бюджета.
Definitions
The act of spending more money than one has or more than is budgeted. The company's overspend on the project led to financial difficulties.
An amount by which expenditure exceeds a budget or limit. Last year's overspend was much larger than anyone expected.
Synonyms
budget overrun
cost overrun
excess spending
excess expenditure