joint expenditure
nounUK /dʒɔɪnt ɪkˈspɛndɪtʃə/
US /dʒɔɪnt ɪkˈspɛndɪtʃər/
Money that two or more people spend together on something they share.
The trip was a joint expenditure shared equally by the two families.
RELATED WORDS
OTHER MEANINGS
2. A cost paid by two or more parties together rather than by one alone.
The new road was a joint expenditure of the town and the county.
3. In accounting, an expense recorded by more than one entity for a shared activity.
The joint expenditure appears in both companies' ledgers.
4. The total amount spent by partners on a common project.
Their joint expenditure on the garden exceeded the original plan.