Actual cash payment made to the states or other entities Outlays are provided as reimbursement for the Federal share for approved highway program activities
Payment actually made by the federal government This differs from budget authority in that it reflects money the federal government actually spends, not the amount that has been appropriated by Congress Many times in a given year outlays are often less than the budget authority granted by Congress
Outlay is the amount of money that you have to spend in order to buy something or start a project. Apart from the capital outlay of buying the machine, dishwashers can actually save you money. the amount of money that you have to spend in order to start a new business, activity etc expense, cost cost small/modest/considerable/large etc outlay