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 exceeded its income for the quarter. [outgo: noun]
Example
She was surprised by the high outgo of her monthly expenses. [outgo: adjective]
outlay
Example
The outlay for the new software system was significant but necessary. [outlay: noun]
Example
He made a large outlay for the equipment needed to start his own business. [outlay: verb]
Good things to know
Which word is more common?
Outgo is more commonly used than outlay in everyday language, as it covers a wider range of contexts. However, outlay is more commonly used in business or financial contexts.
Whatโs the difference in the tone of formality between outgo and outlay?
Outlay is more formal than outgo, and is often used in business or financial contexts. Outgo, on the other hand, is more versatile and can be used in both formal and informal contexts.