单词 | outlay |
释义 | outlayDefinitions 1. Accounting: Total cost or expenditure required or incurred in acquiring an asset, achieving an objective, or executing a decision. Thus, outlay on a machine would include its purchase price and taxes, delivery charges, and installation and set up costs. 2. Economics: Sum of total cost and opportunity cost. Use 'outlay' in a SentenceYou must know what the total outlay of a new project will be before you get started to budget correctly. You need to know what the total outlay for a project will be so you can figure out if it will be worth attempting. The outlay was less than we were expecting so this was great news to the vice president who decreased the budget. |
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