: from cash on hand : with one's own money rather than with money from another source (such as an insurance company)
out of pocket
having lost money in a transaction.
"the organizer of the concert was $15,000 out of pocket after it was canceled"
People also ask
What does the slang "out of pocket" mean?
What does out of pocket mean urban dictionary?
What is the legal definition of out of pocket?
What does it mean to say I will be out of pocket?
Jan 24, 2024 · It can refer to a person having to pay money themselves, a person being unreachable, or a person acting unnaturally or in a wild, inappropriate way.
Jul 31, 2023 · The most common use of “out of pocket” means you paid for something directly, without use of credit or insurance. In black communities, “out of ...
having less money than you started with after an activity involving money: I am thousands of pounds out of pocket.
To be "out of pocket," or short of money, usually because of some transaction, first appeared in 1679, according to the OED: "He was Seven hundred pounds out of ...
Out-of-pocket definition: paid out in cash or from one's own financial resources and sometimes reimbursed. See examples of OUT-OF-POCKET used in a sentence.
Sep 10, 2020 · “Out of pocket” refers to expenses you cover yourself, as opposed to expenses that are paid by someone else, such as your employer or your insurance company.
Oct 13, 2023 · For those who are millennials or older, saying you'll be “out of pocket” can simply mean that you'll be away from work and unavailable.
Your expenses for medical care that aren't reimbursed by insurance. Out-of-pocket costs include deductibles, coinsurance, and copayments for covered services ...
4 senses: 1. having lost money, as in a commercial enterprise 2. without money to spend 3. (of expenses) unbudgeted and paid.... Click for more definitions.