Meaning of out of pocket in English:

out of pocket


  • 1Having lost money in a transaction.

    ‘the organizer of the concert was £3,700 out of pocket after it was cancelled’
    • ‘I'm out of pocket again to the tune of about $3,000 and I wished I had listened to some good advice.’
    • ‘Unemployed Scott said the difficult decision has left him £200 out of pocket on the planned £1,600 holiday after he lost his deposit.’
    • ‘I want to represent my community but why should my family be out of pocket?’
    1. 1.1as modifier (of an expense or cost) paid for directly rather than being put on account or charged to some other person or organization.
      ‘Here's the chart they gave us this year to show the costs of your out-of-pocket expenses.’
      • ‘Because you're using pretax dollars, the accounts can slash your out-of-pocket costs by a third or more.’
      • ‘The costs do not include the out-of-pocket expenses borne by individuals and their families, nor the economic consequences of a reduced quality of life.’
      • ‘Total out-of-pocket cost for today: $3.50 for meat for two meals.’
      • ‘There are still bills to pay, plus something like $20,000 in out-of-pocket costs from the flood damage, he said.’
      • ‘The out-of-pocket costs shouldn't be the only consideration when it comes to an over-the-counter remedy.’
      • ‘Costs to the company would include claims on the time of certain company personnel as well as out-of-pocket expenses.’
      • ‘The operator can therefore receive the use of the equipment for a much smaller initial out-of-pocket expense.’
      • ‘This care is usually given in their own homes at no out-of-pocket cost.’
      • ‘Wheeler thought they had only agreed to reimburse for out-of-pocket expenses.’