noun an amount of money spent
In finance, expenditure refers to the amount of money spent on goods or services.
In economics, expenditure is a key component of measuring a country's GDP.
In accounting, expenditure is recorded as an outflow of cash or other assets.
Expenditure analysis is an important aspect of business management, as it helps in identifying areas of cost savings and efficiency improvements.
Expenditure is a critical element in government budgeting, as it represents the money spent by the government on various programs and services.
Writers often track their expenditure on research materials, writing software, and other resources needed to complete their projects.
Psychologists may need to carefully monitor their expenditure on assessment tools, therapy materials, and continuing education courses.
Accountants are responsible for managing clients' financial records and ensuring that their expenditure is accurately recorded and reported.
Marketing managers need to allocate budgets for advertising campaigns, promotional events, and other marketing activities to maximize their expenditure.
Project managers must track the project's expenditure to ensure that it stays within budget and make adjustments as needed to avoid overspending.