outlay

Vocabulary Word

Definition

'Outlay' is the act of spending money to acquire something or initiate a process. It's like your budget, but seen from a spending perspective.

Examples in Different Contexts

In film production, 'outlay' refers to budget allocations for different segments. A producer could detail, 'The outlay for special effects constitutes 20% of our total budget.'

Practice Scenarios

Academics

Scenario:

The research project on quantum computing is promising, but funding seems to be a consistent challenge.

Response:

We might have to search for external sources of funding to cover the outlay for the quantum computing project.

Robotics

Scenario:

The new robotics project will push the boundaries of innovation, but the costs associated with it could be a roadblock.

Response:

If we can find partners to share in the outlay, the robotics project could move forward without financial strain.