Definitions
- Referring to the total amount of money spent on something over a period of time. - Talking about the act of spending money, especially in a planned and organized way. - Describing the cost of goods or services purchased by an individual or organization.
- Referring to the total amount of money spent on a particular project or purchase. - Talking about the initial investment required to start a business or undertake a project. - Describing the cost of a specific item or service.
List of Similarities
- 1Both refer to the amount of money spent on something.
- 2Both can be used to describe planned and organized spending.
- 3Both are nouns that can be used in formal contexts.
What is the difference?
- 1Scope: Expenditure refers to the total amount of money spent over a period of time, while outlay refers to the cost of a specific project or purchase.
- 2Usage: Expenditure is more commonly used in everyday language, while outlay is more commonly used in formal or business contexts.
- 3Focus: Expenditure emphasizes the ongoing and continuous nature of spending, while outlay emphasizes the initial investment required for a project or purchase.
- 4Connotation: Expenditure can have a neutral connotation, while outlay can imply a significant or substantial cost.
Remember this!
Expenditure and outlay are synonyms that both refer to the amount of money spent on something. However, expenditure is more commonly used and refers to the total amount of money spent over a period of time, while outlay is less common and refers to the initial investment required for a project or purchase.
