outlay
2out·lay
noun \ˈau̇t-ˌlā\Definition of OUTLAY
1
: the act of expending
2
: expenditure, payment <outlays for national defense>
Examples of OUTLAY
- The initial outlay for the program will be 2.4 million dollars.
- Maintaining a horse requires considerable outlay.
First Known Use of OUTLAY
1798
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