underspend

verb, noun — 2 senses

underspend

verb

Etymology From under- + spend.

1

To spend too little of the funds appropriated or allocated.

Derived terms: underspender

underspend

noun

Etymology From under- + spend.

1

An amount by which an allocated amount is not expended.

Any underspends will revert to the general fund at the end of the year.
He also maintained that the final audited underspend was £322m, including additional estimates.2012 July 10, Jessica Shankleman, “Government defends £400m energy and climate budget underspend”, in The Guardian:

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.

Learn more

Conjugation of “underspend”, all tenses