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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.
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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.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The weapons were to be expended against AAA or SA-2 sites only whenever the flight received enemy reactions of a sufficient intensity that would hinder the recce mission.
Although it will take a 70-year-old walker twice as long to burn the same number of calories as a 30-year-old jogger, both will reap cardiac benefits and expend calories.
low), (b) students' degree of expended effort (high vs.
When asked if he would "expend any political capital" to push for the amendment, Bush responded by noting that many in the Senate believed a federal statute called the Defense of Marriage Act (DOMA), which was signed into law by former President Bill Clinton, was enough to ensure that gay Americans could not be legally married.
So, for example, the more time and energy that a person must expend to verify a piece of information, the less verifiable that information is.
Their conclusions indicate that benefits most likely depend on the number of calories burned--not how quickly you expend the energy, but whether you expend enough, he said at a meeting on modifying coronary risk factors sponsored by the American College of Cardiology Foundation.
But it's a 10-mile drive away, and he can't expend all that time and gasoline every time his crop might need attention.
A person can still expend calories when working at low-intensity levels; however, the duration of the exercise must be extended.
Jack Valenti, President and CEO of the Motion Picture Association of America, told Congress, "If you can't protect what you own--you don't own anything." Biotech start-up companies expend considerable energy and expense on obtaining patent, copyright, trademark, and trade secret protection for their ideas and inventions because of the considerable time and expense involved with discovering, developing, getting approval, and bringing to market a new therapy or device.
106-280, 6 October 2000, provides the authority to obligate and expend IMET and FMFP appropriated funds for both FY2001 and FY2002.
"We save processors the time and money they would normally expend searching for competitively priced sources on their own," Chaplin adds.
* Several short bouts of physical activity a day can be just as effective in lowering heart disease risk as one longer session, provided you expend the same total amount of energy, according to results from the Harvard Alumni Study.