expenditure

Vocabulary Word

Definition

'Expenditure' is a word that refers to the amount of money you spend on something or different things. It can refer to a business buying supplies or a family buying groceries.

Examples in Different Contexts

In business management, monitoring 'expenditure' is vital for maintaining financial health. A finance manager might emphasize, 'Prudent management of both capital and operational expenditure is fundamental to sustaining profitability and ensuring long-term success.'

Practice Scenarios

Public Policy

Scenario:

We have witnessed a significant growth in our local communities. However, the budget for public services needs to be carefully allocated to ensure long-term benefit.

Response:

Indeed, sensible public expenditure allocation can underpin sustainable community growth.

Business

Scenario:

We've made substantial progress on our latest project, but we should carefully manage our budget for the remainder of the financial quarter.

Response:

That's true. We should review our project-related expenditure for possible savings.