Definition of overfund in English:
overfund
transitive verb
[with object]Provide more funding for (something) than is necessary or permitted.
‘the widespread view is that the corporation is now seriously overfunded’- ‘Nobody can say the arts are overfunded, and this scheme makes available to people like me the opportunity to contribute to our cultural heritage.’
- ‘It is a sad reflection on this government's priorities that it is quite happy to overfund the roads lobby while leaving people on hospital trollies.’
- ‘President Carter's plans for those post-tenure years were overfunded by an average of 13.8 percent of those plans.’
- ‘Look closely at the actuarial assumptions to determine if the plan is overfunded or underfunded.’
- ‘So even if a district has overfunded a particular reserve, it does not have access to that money in times of need.’
Pronunciation
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