Outspend Meaning: Definition, Examples, and Translations
๐ธ
outspend
[aสtหspษnd ]
Definition
financial behavior
To outspend means to spend more money than someone else or more than what is normally expected. This term is commonly used in contexts involving budgeting, expenses, or financial competition. It can describe situations where one individual, organization, or entity spends a greater amount than another. It highlights a significant disparity in spending habits or financial resources.
Synonyms
Examples of usage
- The company managed to outspend its competitors in marketing.
- During the campaign, they outspent their rivals significantly.
- Some families outspend their incomes each month.
- The rich often outspend the average consumer on luxury goods.
Translations
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Interesting Facts
Economics
- In competitive markets, companies often outspend one another in advertising to attract more customers.
- Personal finance teaches people about budgeting to prevent outspending their income, leading to debt.
- Government budgets can show how different regions might outspend on public services, impacting their economy.
Pop Culture
- Reality TV often showcases contestants who outspend each other in lavish lifestyles, influencing social norms.
- In some video games, players can outspend rivals on upgrades, leading to victory in gameplay scenarios.
Psychology
- People may feel pressure to outspend peers as a way of showing success or status, which can lead to financial stress.
- The desire to outspend can stem from social comparison, causing individuals to inflate their spending to feel superior.
Technology
- In the tech industry, companies often outspend each other on research and development to innovate faster.
- Crowdfunding has allowed startups to outspend traditional businesses by leveraging community support and investment.
Origin of 'outspend'
Main points about word origin
- The word combines 'out', meaning more than, and 'spend', which comes from old English meanings of to use money or resources.
- It traces back to the mid-20th century, reflecting changes in consumer behavior and competition in spending.
The word 'outspend' is a compound of the prefix 'out-' meaning beyond or more than, and 'spend', which originates from the Old French 'despendre', meaning to spend or to disburse, stemming from Latin 'spendฤre'. The term began appearing in English literature in the mid-19th century, reflecting the increasing complexity of financial transactions and the need to describe relative spending behaviors. Its usage has grown with the rise of consumer culture and economic discussions around budgeting and financial responsibility. In modern contexts, outspending often relates to competitive markets, such as advertising and political campaigns, where financial resources are employed to gain dominance.