Outgoings: meaning, definitions and examples

Primarily used in British English, 'outgoings' refers to regular payments, especially household bills or business operating costs.

• She keeps a close watch on her monthly outgoings to manage her budget efficiently

Commonly used to discuss personal or business spending, often in the context of budgeting or accounting.

• He keeps all his receipts to track his business expenses for tax purposes

A more formal term often used in government, corporate, or financial contexts to discuss the total amount of money spent on specific purposes.

• The government's annual expenditure on public healthcare has gone up significantly

This term is broad and can refer to any type of monetary outlay, including production, living, and opportunity costs.

• The costs of manufacturing have increased due to rising raw material prices