Outlay - English Definition & Meaning

Daily Word β€’ Learn, play, and grow your vocabulary

Definition

Outlay refers to an amount of money spent on something. It's the financial cost of a particular item, project, or venture. Unlike general 'spending,' outlay often implies a significant or planned expenditure. Think of it as the 'cost' or 'investment' required. For example, the outlay for a new gaming PC might be substantial. It focuses on the specific amount spent. πŸ’°

Etymology

'Outlay' is a straightforward combination of 'out' and 'lay.' It literally means 'to lay out' money. The word highlights the act of putting money forth for a purpose. Its simple construction reflects its direct meaning of expenditure.

Related Words

Examples

  • "The initial outlay for starting the business was quite high."
  • "The company carefully analyzed the potential return on its outlay."
  • "The outlay for the new school building was approved by the board."
  • "Consider the total outlay when planning your vacation."

Anecdote / Story

Imagine buying a new lightsaber at Dok-Ondar's Den of Antiquities in Star Wars: Galaxy’s Edge. The 'outlay' is the price you pay for that epic weapon. It’s not just 'spending' credits; it's a significant amount of money required for a specific purchase. You must decide if the value matches your budget and your inner Jedi.

Encouragement

Using 'outlay' shows you're mindful of costs and budgeting! Employ this word when discussing project expenses or investments. It demonstrates financial awareness and planning. You're developing strong financial habits! πŸ“Š

πŸš€ Ready to expand your vocabulary?

Get expertly crafted daily words delivered straight to your WhatsApp. Join thousands learning new words every day!

βœ… Daily word delivery βœ… Etymology & examples βœ… Interactive learning βœ… 100% free trial
Start Your Free Trial on WhatsApp
πŸ“± Get daily vocabulary on WhatsApp Start Free Trial