Expenditure

The term 'expenditure' refers to the act of spending money or resources, particularly in relation to government, corporate, or personal budgets. It encompasses all financial outflows that are intended for consumption or investment purposes, and is often contrasted with income or revenue. Proper management of expenditures is crucial for financial health.

Expenditure meaning with examples

• The city council approved a new budget that includes increased expenditure on public transportation, aimed at reducing traffic congestion and pollution. This strategic measure is expected to enhance the quality of life for residents while fostering a more sustainable urban environment.
• In the annual financial report, the company's expenditure on research and development was highlighted as a key factor in its innovative product line. Management believes that these expenditures will lead to substantial long-term growth and a competitive advantage in the tech industry.
• Despite strict financial controls, the department faced unexpected expenditure due to emergency repairs needed for their aging infrastructure. Such unforeseen costs often challenge organizations to reassess their budgets and prioritize essential projects without compromising service delivery.
• The government announced a significant increase in expenditure for healthcare services, particularly in response to the recent public health crisis. This investment is seen as necessary to improve facilities, training, and resources, ensuring that citizens receive timely and effective medical care.
• Personal expenditure can sometimes spiral out of control, especially during holiday seasons. Many individuals seek to curb excessive spending by setting budgets or utilizing financial tracking apps, fostering better habits for managing their finances and ultimately saving for future goals.