Definition: Act of expending or paying out.

Alright class, settle down, let’s take a look! You’ve got a good start with that definition – “act of expending or paying out.” That's the core of it, you see. Let's break it down a little further, and make it clear for you all: “Expenditures” simply means money spent. Think about it like this: if you buy a pencil, that’s an expenditure. If your school buys new books, that’s an expenditure too! It's anything we use our funds on – things we pay for. We often talk about them in terms of budgets and finances. When someone talks about government expenditures, they mean the money being used to run a country - roads, schools, defense, you name it! Here’s a little rhyme to help you remember: “Expenditures – don't delay, Money spent along the way!” Do you have any questions about what ‘expenditures’ means? Don’t be shy - let’s discuss!