What context can I use each word in?
Learn when and how to use these words with these examples!
outgo
Example
The company's outgo for the quarter was higher than expected. [outgo: noun]
Example
We need to keep track of our outgo to ensure we stay within budget. [outgo: verb]
expense
Example
The expense of the new equipment was too high for the company to afford. [expense: noun]
Example
I need to keep track of my expenses to make sure I don't overspend. [expense: noun]
Good things to know
Which word is more common?
Expense is more commonly used than outgo in everyday language and is more versatile in its usage.
Whatโs the difference in the tone of formality between outgo and expense?
Outgo is typically associated with a more formal tone and is used primarily in business contexts, while expense can be used in both formal and informal contexts.
