SuaviloquyToday’s word

outlay

Outlay, n.

1. A laying out or expending.

2. That which is expended; expenditure.

3. An outlying haunt. [Obs.] Beau. & Fl.

1 other Webster entry under this spelling

Outlay, v. t.

To lay out; to spread out; to display. [R.] Drayton.

Shades of meaning

Fernald has no entry of its own for outlay; he lists it under expense, price.

Where he writes about it:

Outlay is used of some definite expenditure, as for the purchase of supplies; outgo of a steady drain or of incidental expenses. — from expense