outlays
Type
term
Definition
The amount of checks issued or other payments made (including advances to others), net of refunds and reimbursements. Outlays are net of amounts that are adjustments to obligational authority. The terms “expenditure” and “net disbursement” are frequently used interchangeably with the term “outlay”. Gross outlays are disbursements and net outlays are disbursements (net of refunds) minus reimbursements collected.