1. to borrow more money than one can reasonably repay or more than is prudent
Usage: finance; economics

Examples

• Many homeowners overborrowed during the housing boom and faced foreclosure later.
• The company decided to overborrow to fund its aggressive expansion plans.
• Financial advisors warn clients not to overborrow when taking out student loans.
• Countries that overborrow may face debt crises during economic downturns.
• She realized she had overborrowed when her monthly payments exceeded her income.
• The bank’s lending practices encouraged customers to overborrow beyond their means.