Underbudget: meaning, definitions and examples

This term is often employed in financial and project management settings when expenditures are less than the allocated budget.

• The new marketing campaign was completed underbudget.
• Our quarterly expenses were significantly underbudget.

Commonly used in both formal and informal scenarios to indicate that spending is less than what was planned or expected.

• The renovation project came in below budget.
• Thanks to cost-saving measures, we finished the year below budget.

Typically used to describe methods, solutions, or technologies that provide good results without high costs. It emphasizes both effectiveness and efficiency.

• Solar panels are a cost-effective way to generate electricity.
• Training employees online proved to be a cost-effective strategy.

Used to describe something that is not only low in cost but also efficient and practical in its use of resources. This term is often used in everyday situations.

• Using public transport is more economical than driving a car.
• She found an economical solution for her travel needs.