0 the act of providing or receiving more money than is needed or allowed for a particular purpose, organization, etc.: --
In the present case, however, the surplus does not arise from overfunding but from the failure of some of the trusts.
There was no previous assumption that the manner of overfunding in that instance was illegal.
However, that is not an argument for overfunding, still less for this curious circular arrangement.
Earlier today we had a debate on monetary implications and whether there was a need for overfunding.
We know that we are dealing with overfunding on a large, perhaps massive, scale.
The overfunding had to be got rid of within five years.
It is not possible to relate any precise part of the total to overfunding.
Does not the present formula lead to overfunding in some areas and underfunding in others, and to an end to locally administered justice?
