- spend
- ▪ I. spend spend 1 [spend] verb spent PTandPP [spent] [intransitive, transitive]1. to use your money to buy or pay for things:
• How much do we have to spend?
• It is worth spending money on advertising.
2. to use or pass time:• Effective managers spend time getting to know their workers.
• I have spent the past seven years working in industry.
the amount of money spent by a company on a particular activity in a particular period of time:• They increased the marketing spend needed to launch the new brands.
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Ⅰ.spend UK US /spend/ verb (spent, spent)► [I or T] to give money as a payment for something: »How much did you spend?
spend sth on sth »We've just spent €1.9 million on improving our computer network.
»We've spent too much money on advertising that isn't working.
»We spent a fortune when we were in New York.
► [T] to use time doing something or being somewhere: spend time doing sth »They need to spend more time improving customer relations.
spend time on sth »I spent a lot of time on that report.
»How long do you spend at the computer each day?
spend years/ages »I've spent years building up this company.
spend a day/week/year, etc. »We spent last weekend working.
► [T] to use energy, effort, force, etc., especially until there is no more left: »For the past month he's been spending all his energy trying to find a job.
→ See also OVERSPEND(Cf. ↑overspend) verb, TAX-AND-SPEND(Cf. ↑tax-and-spend), UNDERSPEND(Cf. ↑underspend) verbⅡ.spend UK US /spend/ noun [S] ECONOMICS, FINANCE► the amount of money that is spent on a particular activity: the spend on/for sth »The total spend on the project was almost a million pounds.
»If your company's annual spend on telephone calls exceeds $3,000, then it would be worth changing plans.
the total/actual spend »BP will spend $1 billion more this year, raising the total spend to $15 billion.
»advertising/marketing/promotional spend
Financial and business terms. 2012.