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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Un·der·spend v. t. To spend less than.
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From: WordNet (r) 2.0

 underspend
      v 1: spend less than the whole of (a budget, for example) [ant: overspend]
      2: spend at less than the normal rate [ant: overspend]