Every Saturday I’ll give you a couple of idioms to learn. An idiom is a saying or phrase whose meaning cannot be taken from the literal meanings of the words.
budget squeeze/crunch: when the money allotted by the budget is not enough to cover expenses.
Example:
The downturn in the economy has resulted in a severe budget crunch, so we are not hiring at present.
carry over: extend beyond the original time frame, last longer than expected.
Example:
As a reward for coming in under budget this year, everyone in our department got a small bonus, and the rest of the surplus was carried over to next year.