overspent

overspend

[oh-ver-spend]
verb (used without object), overspent, overspending.
1.
to spend more than one can afford: Receiving a small inheritance, she began to overspend alarmingly.
verb (used with object), overspent, overspending.
2.
to spend in excess of: He was overspending his yearly salary by several thousand dollars.
3.
to spend beyond one's means (used reflexively): When the bills arrived, he realized he had foolishly overspent himself.
4.
to wear out; exhaust.

Origin:
1580–90; over- + spend

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
overspend
 
vb , -spends, -spending, -spent
1.  to spend in excess of (one's desires or what one can afford or is allocated)
2.  (tr; usually passive) to wear out; exhaust
 
n
3.  the amount by which someone or something is overspent

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

overspend
c.1618, "to wear out," from over + spend (q.v.). Meaning "to spend more than is necessary" is attested from 1857.
Online Etymology Dictionary, © 2010 Douglas Harper
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