Outlays Meaning: Definition, Examples, and Translations
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outlays
[หaสtleษชz ]
Definition
financial
Outlays refer to the amount of money spent or paid out by an individual, organization, or government. These expenses can include wages, supplies, equipment, and other costs incurred in the operation of a business or the provision of services.
Synonyms
Examples of usage
- The company's outlays for the quarter exceeded its revenue.
- Government outlays for social programs have increased over the years.
Translations
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Interesting Facts
Finance
- Individual budgets often include outlays for necessities like groceries, rent, and utilities to manage expenses.
- Companies analyze outlays to understand their spending habits and optimize costs for better profits.
- Government budgets include outlays for public services like education, infrastructure, and healthcare.
Economics
- Outlays are crucial for economic indicators, helping estimate consumer spending trends and economic growth.
- In Keynesian economics, increased outlays can stimulate demand and stimulate growth during recessions.
- Budget deficits occur when outlays exceed revenues, impacting a country's credit rating and economic stability.
Business
- Investing in technology often requires high initial outlays, but can lead to greater long-term efficiency and profit.
- Startups must carefully plan their outlays to ensure they don't run out of funds before reaching profitability.
- Comparing outlays across different projects can help businesses identify the most effective use of resources.
Origin of 'outlays'
Main points about word origin
- The word 'outlay' combines 'out', indicating movement away from inside, and 'lay', referring to placing something down.
- Its usage dates back to the 17th century, reflecting the act of spending or expending.
- Early tax and accounting records from the 1600s show outlays as part of financial documentation in trade.
The term 'outlays' originated from the Middle English word 'outlayen,' which means 'to expend money.' It has been used in the financial context since the 18th century, evolving to refer specifically to the expenses incurred by individuals, organizations, or governments.
See also: lay, layabout, layer, layoff, layout, layover, mislay, outlay, relay.