1. having received more money or financial support than necessary or appropriate
Usage: often used in business and government contexts

Examples

• The research project was overfunded and had a large budget surplus.
• Critics argued that the military program was overfunded while education remained underfunded.
• The startup became overfunded after multiple rounds of investment.
• Some pension plans are overfunded relative to their obligations.
• The overfunded department was able to purchase expensive new equipment.
• Taxpayers complained that certain government agencies were overfunded.