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WordNet-Online
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Definitions from the WebTerm: Out-of-pocketDescription:The term "out-of-pocket" is an adjective that refers to the expenses or costs that are paid directly by an individual or organization, without any reimbursement or assistance from others. It can also be used as a noun to describe the actual amount of money spent on something. Senses and Usages:Adjective:1. When used as an adjective, "out-of-pocket" means that the expenses are not covered by any insurance, assistance, or subsidies. Example sentence: He had to pay for his medical treatment out-of-pocket because his insurance didn't cover it. 2. It can also describe a situation where someone feels personally responsible for the cost or burden of something. Example sentence: As the project manager, she felt out-of-pocket for the failure of the team. Noun:When used as a noun, "out-of-pocket" refers to the actual amount of money spent or the expenses paid by an individual or organization. Example sentence: His out-of-pocket for the vacation was higher than expected due to unexpected expenses. Possible Related Products:To learn more about managing personal expenses and finances, check out these related products: | ||||
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