Outlayed: meaning, definitions and examples
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outlayed
[ aʊtˈleɪd ]
financial expenditure
Outlayed refers to the act of spending or disbursing money for a particular purpose. It often pertains to investments or expenditures that are planned and accounted for in a budget.
Synonyms
Examples of usage
- The company has outlayed a significant amount for the new project.
- They outlayed funds to improve their infrastructure.
- The city outlayed money on public service improvements.
Etymology
The term 'outlay' is derived from the Middle English word 'outleien', which means 'to lay out or spend'. It is a combination of the prefix 'out-', implying a direction away from, and 'lay', which means to put down or place. The use of 'outlay' in financial contexts has been prevalent since the 16th century, referring to the expenditure of resources, especially money, in various business and economic activities. In modern vernacular, it emphasizes the importance of budgeting and planning in both personal and corporate finance, illustrating how funds are allocated towards specific expenditures.