outlay
Definition 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.
Definition 2
Economics: Sum of total cost and opportunity cost.
outlay is in the Accounting & Auditing and Economics, Politics, & Society subjects.
outlay appears in the definitions of the following terms:
operating cost,
opportunity cost,
noncash expense,
disbursement,
operating budget,
economic cost,
implied cost,
replacement cost,
marginal outlay,
depletion accounting
and
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