sharedspending
nounUK /ʃeəd ˈspendɪŋ/
US /ʃerd ˈspendɪŋ/
Sharedspending is when people use their money together to buy things.
Our family uses sharedspending to pay for the holiday.
OTHER MEANINGS
2. Money that two or more people put together for a common goal.
The roommates set up sharedspending for groceries.
3. The act of paying for something together instead of alone.
Sharedspending on the gift made it cheaper for everyone.
4. A plan where a group agrees how to use their money together.
Their sharedspending plan covers rent and bills.