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

The experts warned that dormant mould spores could reactivate when the overbudget and delayed facilities finally open, posing a health hazard for the lifetime of the buildings.

From BBC

An open letter to First Minister John Swinney says the nationalised firm in Port Glasgow should be directly awarded a contract for a new CalMac ferry, as it looks to move on from the controversy over two delayed and overbudget ships.

From BBC

Despite the project running significantly behind schedule, and consequently overbudget, it has continued to draw contributions.

From BBC

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

The stalemate eventually resulted in Ferguson's going into administration and being taken into state ownership in 2019 with the project already about £100m overbudget.

From BBC