Meaning & Definition of word "Expenditure"
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Expenditure
/ɪkˈspɛndɪtʃər/
noun:
- 1. The action of spending funds or the amount of money spent.
- Example: The government's annual expenditure on healthcare has increased significantly.
- 2. An expense incurred in the course of business or operation.
- Example: The company reviewed its expenditures to identify areas where costs could be cut.
- 3. The use of resources, typically financial, for a particular purpose.
- Example: The non-profit organization relies on donations to cover its expenditures.
- 4. The total amount of money allocated for spending in a specific period.
- Example: The budget proposal outlines the projected expenditures for the next fiscal year.
Etymology
Late Middle English: from Latin 'expendere' meaning 'to weigh out, pay out'.
Common Phrases and Expressions
capital expenditure:
Money spent on acquiring or improving fixed assets.
recurrent expenditure:
Ongoing costs required to operate a business or maintain services.
budgetary expenditure:
Spending that is planned and accounted for in a budget.
Related Words
spending:
The act of using money to purchase goods and services.
cost:
The amount that needs to be paid or spent to buy or obtain something.
Slang Meanings of expenditure
Meaning: Burning a hole in your pocket
Example Sentence: After winning the lottery, he started burning a hole in his pocket with extravagant expenditures.
Meaning: Shooting your wad
Example Sentence: He shot his wad on the latest gadget, leaving him with little savings.