Definition, Meaning & Synonyms

outgoings

Noun
/ˈaʊtˌɡoʊ.ɪŋz/
Definition
The amount of money that is spent or the expenses incurred by an individual or organization.
Examples
  • The company’s outgoings have increased significantly this year due to rising operational costs.
  • Before you make a budget, you need to list all your outgoings clearly.
  • She kept track of her monthly outgoings to save for her vacation.
Meaning
Outgoings refer to the total of all payments and expenditures that need to be made regularly, such as bills, rent, and other commitments.
Synonyms
  • Expenses
  • Expenditures
  • Outlays
  • Costs