Definitions

1. verb

to go beyond a target or limit, especially in speed or amount

“The company’s sales forecast was to exceed $100 million, but they ended up overshooting by 20%.”

2. noun

an amount or quantity by which something goes beyond a target or limit

“The overshoot in the budget led to a significant reduction in spending for the next quarter.”

3. noun

a period of time after a target or limit has been reached, during which something is no longer required or is not being used

“The company’s marketing campaign was successful, but it created an overshoot in sales, leading to a decrease in production.”