out-of-pocket

[ out-uhv-pok-it ]

adjective

1. paid out in cash or from one's own financial resources and sometimes reimbursed:

   My out-of-pocket travel expenses included taking business clients to dinner.

2. without funds or assets:

   an out-of-pocket student who stayed with us.

out of pocket

adjective

1. postpositive having lost money, as in a commercial enterprise
2. without money to spend
3. prenominal (of expenses) unbudgeted and paid for in cash

Word History and Origins

Origin of out-of-pocket¹

First recorded in 1880–85

Example Sentences

The administration estimates that about 18.7 million people will save about $7.4 billion next year alone from the cap on out-of-pocket spending and less publicized changes.

From Los Angeles Times

Under the California bill, those rebates are to be used “for the sole purpose of lowering deductibles and out-of-pocket cost for consumers,” said Assemblymember Jim Wood, a Democrat.

From Los Angeles Times

It also put a $2,000 cap on out-of-pocket drug spending for Medicare drug coverage.

From Los Angeles Times

Just remember that you're on the hook for higher out-of-pocket costs.

From Salon

Moody’s insurance considered it “experimental and unnecessary,” he recalled, so he had to pay about $2,700 out-of-pocket.

From Salon

Related Words

• amount
• budget
• charge
• consumption
• debt
• expenditure
• insurance
• investment
• liability
• loan
• loss
• mortgage
• obligation
• outlay
• payroll
• price
• price tag
• rate
• risk
• spending