overextend
verb[IorT]
uk/ˌəʊvərɪkˈstend/usFINANCE
tospendtoo muchmoney, orborrowmoremoneythan you canpayback:
It is asadfactthat manypeopleoverextendedtheirmortgagecommitmentsand nowfacedifficulties.
overextend yourselfBorrowers overextend themselves in refinancing tocoverunforeseenexpenses.
totryto do moreworkor otheractivitiesthan you canmanage:
overextend yourselfThefearoffailurecanleadyoungpeopleto overextend themselves.
Herejectsopportunitiesthat hethinkswould overextend the firm'sresources.