The spending or disbursement of money: the weekly outlay on groceries.
An amount spent; an expenditure: "huge new outlays for the military” ( New York Times).
To spend or disburse (money).
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.