mutualoutlay
nounUK /ˈmjuːtʃuəl ˈaʊtleɪ/
US /ˈmjuːtʃuəl ˈaʊtleɪ/
Money that two or more people each put in together to pay for something.
The neighbors made a mutualoutlay to fix the shared fence.
RELATED WORDS
OTHER MEANINGS
2. A shared spending plan agreed on by a group.
The club's mutualoutlay covered new chairs and tables.
3. The total money a team puts in for a common goal.
Their mutualoutlay paid for the class trip.
4. An equal share of costs paid by everyone involved.
Each member's mutualoutlay was ten dollars.