Is over Budget One Word?

o•ver•budg•et (ō′vər buj′it), adj. costing or being more than the amount alloted or budgeted:The building is half-finished and it's already overbudget.

Is over budget a word?

costing or being more than the amount alloted or budgeted: The building is half-finished and it's already overbudget.

What is it called when you go over budget?

A cost overrun, also known as a cost increase or budget overrun, involves unexpected incurred costs. When these costs are in excess of budgeted amounts due to an value engineering underestimation of the actual cost during budgeting, they are known by these terms.