Etymology
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outlay (n.)

"act or fact of laying out (especially money) or expending; that which is laid out or expended," 1798, originally Scottish, from out- + lay (v.).

updated on October 17, 2019

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Definitions of outlay from WordNet

outlay (n.)
the act of spending or disbursing money;
Synonyms: spending / disbursement / disbursal
outlay (n.)
money paid out; an amount spent;
Synonyms: outgo / spending / expenditure
Etymologies are not definitions. From wordnet.princeton.edu, not affiliated with etymonline.