underspend

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under|spend /'ʌndərspend/ (underspends underspending underspent)
[VERB] V, also V n
If an organization or country underspends, it spends less money than it plans to or less money than it can afford.
...a country that underspends on health and overspends on statisticians.
[N-COUNT]
Underspend is also a noun.
There has been an underspend in the department's budget.

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