collectiveexpenses
nounUK /kəˈlɛktɪv ɪkˈspɛnsɪz/
US /kəˈlɛktɪv ɪkˈspɛnsɪz/
Money that a group of people spend together for something they all need.
The club paid for the party out of its collective expenses.
RELATED WORDS
OTHER MEANINGS
2. Costs that several people split fairly among themselves.
The roommates kept a list of collective expenses like rent and electricity.
3. Total spending of an organization or community as a whole.
The report showed the collective expenses of all the local schools.
4. Money spent by a team for a shared project.
The team tracked its collective expenses during the science fair.