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cost overrun

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
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Noun1.cost overrun - excess of cost over budget; "the cost overrun necessitated an additional allocation of funds in the budget"
cost - the total spent for goods or services including money and time and labor


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The government scrapped plans for a Glasgow airport rail link in September amid cost overruns.
The tipping point came a year ago with the release of a GAO report that documented nearly $300 billion in cost overruns in top defense programs.
The purpose of this law will be to limit cost overruns before they spiral out of control.
 
 
 
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