overbudget

American  

[oh-ver-buhj-it] / ˈoʊ vərˈbʌdʒ ɪt /

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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Etymology

Origin of overbudget

From prepositional phrase over budget, erroneously taken as a compound

Example Sentences

Although the city has agreed to cover the first $270 million in debt incurred from the Games if LA28 goes overbudget, Wasserman said organizers don’t intend to come close to the financial backstop.

From Los Angeles Times • Jun. 9, 2025

News has leaked that he plans to scrap much of an ambitious but overbudget high-speed railway line that was planned to link London and Manchester.

From Seattle Times • Oct. 4, 2023

And there’s a risk that because it’s been so hard, it’s so far behind schedule and overbudget, that we’ll give up.

From Science Magazine • Sep. 18, 2023

That all changed years later when, overbudget by $1.5 billion, the Indonesian government was forced to bail out the railroad twice.

From Washington Times • May 18, 2023

Jim McColl said the second of two overbudget CalMac ferries being built at the Port Glasgow site should have been scrapped four years ago.

From BBC • May 17, 2023