outgo Meaning

Keyword: Outgo

Definition: Outgo refers to the total amount of money or resources that are expended, used up, or disbursed, especially in the context of expenses in a budget or financial statement. It can also refer to the act of going out or the manner in which someone or something exits a place.

Usage: Outgo is often used in financial contexts to discuss cash flow, particularly contrasting it with “income” or “incoming funds.” For example: “The business’s outgo exceeded its income for the quarter, leading to financial difficulties.”

Etymology: The term outgo is derived from the combination of the prefix “out-” meaning outward or away, and the verb “go,” which comes from Old English “gān,” meaning to move or proceed. The usage has been recorded since the late 19th century, primarily in financial discussions.

Pronunciation: /ˈaʊtɡoʊ/

Synonyms:

• Expenses
• Expenditure
• Disbursement
• Outlay

Antonyms:

• Income
• Revenue
• Profit
• Gain

Using “outgo” effectively requires context, especially in discussions where financial management is concerned or when describing motion and exit in a more general sense.

1. The company’s monthly outgo for utilities has significantly increased due to the higher energy prices.
2. After analyzing their budget, they realized their outgo exceeded their income for the past three months.
3. To reduce their outgo, they decided to cut back on unnecessary subscriptions and dining out.
4. The family’s outgo on groceries was much higher this month because they hosted several gatherings.
5. The city council reviewed the annual outgo of funds allocated for public parks and recreation programs.

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