Outrageously Funny Word Dictionary :: Outgoings

👉 Outgoings are expenses that a company or individual has recorded as a liability in their financial statements. They represent money that is not used for business purposes but remains on hand to be repaid when needed, such as insurance premiums, rent, and other types of costs that do not directly result in revenue. In accounting terms, outgoings are also known as liabilities. This term can be a useful tool to understand the financial health of an organization by tracking its overall cash flow.

outgoings

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👉 Outgoings is a term that means excess or extravagance, often used by people who want to appear rich and sophisticated. It's like saying you have too much money, but you're not really spending it well. It sounds like someone who's trying to impress others with their wealth.

Here’s an example sentence: "Hey, I heard about your new outgoings. You need more money? Trust me, I got my hands on a lot of fancy items at my old job." This sentence is an example of how people might use "outgoings" to show off their wealth while still being modest and respectful to others.

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