word
Expenditure Review
eks-PEN-dih-cher reh-VYOO
/ɪkˈspɛndɪtʃər rɪˈvjuː/Listen
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Syllable breakdown
expenditurereview
Dictionary meaning
A systematic government examination of existing spending programmes to assess their efficiency, effectiveness, and alignment with policy priorities, typically carried out to identify savings or reallocate resources without raising taxes
Examples
- The Treasury's expenditure review identified £15 billion of savings by eliminating duplicate programmes and renegotiating procurement contracts.
- An expenditure review is distinct from an across-the-board spending cut because it targets low-value programmes specifically.
Synonyms: spending review, public expenditure assessment, budget review
Pronunciation tips
Six syllables; stress the second and sixth: -PEN- and -VYOO-
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