单词 | overfund |
释义 | overfundv. Finance. transitive. To provide more funding for (a project, etc.) than is necessary or permitted. Also (occasionally) intransitive. ΚΠ 1953 Jrnl. Amer. Assoc. Univ. Teachers 20 39 In the actuarial sense a plan can be overfunded only when the reserve assets exceed the reserve liabilities. 1963 Economist 27 Apr. 341/2 A second implicit assumption in official thinking seems to be that because the Government over-funded last year it can underfund now. 1983 Financial Times 4 Jan. 24/7 The authorities may again be tempted to overfund the deficit in order to counteract the continued buoyancy of bank lending to the private sector. 2000 Observer 18 June (Cash section) 10/4 There is a chance that if he continues with his current AVCs, he may end up overfunding his pension. This is a new entry (OED Third Edition, December 2004; most recently modified version published online March 2022). < v.1953 |
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