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Payments made in cash or cash equivalents. Common examples of outlays include employee salaries and coupon payments on bonds. Revenue outlays are those made currently or those that will be made within a year, while capital outlays are those made for periods longer than one year. Outlays are recorded as liabilities on a balance sheet and are also called expenditures.


spending by buyers on PRODUCTS or ASSETS. Expenditure on a particular product or asset is equal to product or asset price times quantity bought, that is, TOTAL REVENUE.

In aggregate terms, expenditure by households, businesses and government (see CONSUMPTION, INVESTMENT, GOVERNMENT EXPENDITURE) constitutes the AGGREGATE DEMAND, which (in conjunction with AGGREGATE SUPPLY) determines the level of activity in the economy.

References in periodicals archive ?
4%, and expenditure was driven by the modernization of its armed forces and border disputes.
asset status (additions, transfers, and disposals); and program expenditures from the initial valuation.
Overall, annual expenditures averaged $18,640 per patient.
The IRS said that, as many individuals do hire investment advisers, the expenditures for investment advice were not incurred because of the trust's existence.
A taxpayer can elect to deduct up to $5,000 of start-up and $5,000 of organizational expenditures in the tax year in which the trade or business begins.
Of course, California's population increased during this same period, but not nearly as rapidly as county payroll expenditures.
Using measures of environmental quality and protection, and controlling for income, education, and other variables thought to influence health care expenditures, they reported that both toxic pollution and per capita municipal environmental expenditures had significant associations with health care expenditures.
This credit enables developers to recoup up to 20% of their construction expenditures as tax credits at the front end, when the building is placed in service, rather than as depreciation deductions over the life of the building.
Personal health-care expenditures in Florid reached $66.
The change in expenditures was slightly larger than the 1.
162-5(a)(1) provides that expenditures made for education and employee training are deductible as ordinary and necessary business expenses if the education maintains or improves skills required by the individual in his employment.
Highlights of the most recent official estimates of health care expenditures in Australia 1982-83 to 1993-94(1) include the following points: