Meaning & Definition of word "Defray"

Defray

/dɪˈfreɪ/

1. to provide money to pay (a cost or expense)
- Example: The organization raised funds to defray the costs of the charity event.
2. to cover or settle an expense.
- Example: The grant will help defray the tuition costs for students in need.
3. to pay off or settle a financial obligation.
- Example: He used his savings to defray the expenses of the trip.
4. to alleviate financial burden by covering projected costs.
- Example: The insurance policy is designed to defray medical expenses for its policyholders.

Middle English 'defraien', from Old French 'defraier', from de- + fraier 'to pay, to pay for'.

defray costs:

To cover or pay for expenses.

defray expenses:

To provide funds for costs incurred.

expense:

The cost incurred in the process of doing something.

reimbursement:

The act of repaying someone for money they have spent.

finance:

The management of large amounts of money, especially by governments or large companies.

Meaning: To take care of bills or costs informally.

Example Sentence: I’ll defray the tab for dinner this time.

Meaning: To foot the bill casually.

Example Sentence: Don't worry about the tickets, I've got you covered, I'll defray.