› FINANCE an amount of money that you spend on something, especially a large amount that is spent on new equipment or to start a new business activity: Investors can receive tax relief of up to 40% on their outlay.an outlay of $150m/£300/€580m, etc. The bank is currently receiving an 8.9% stake for an outlay of £10 million.outlay for/on sth Total outlay on the health sector is budgeted at 18.34 billion rupees.an initial/an original/a total outlay Initial outlay for a franchise is approximately £45,000.recover/recoup your outlay Casinos must not only recoup their outlay, they must also make a profit. Going into the wine business involves a large financial outlay. an annual/a monthly outlay a big/huge/small outlay → See also capital outlay, cash outlay