DEFRAYING Meaning and
Definition
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Defraying refers to the act of covering or paying the costs or expenses associated with a particular activity, event, or obligation. It involves assuming financial responsibility for the outlays or expenditures involved in a specific situation, usually for the benefit of oneself or others.
The term is commonly used in various contexts, such as business, personal finance, and organizational management. In business, for instance, defraying expenses refers to the process of reimbursing employees or contractors for the costs they have incurred on behalf of the company. This could include travel expenses, office supplies, or equipment purchases.
On a personal level, defraying expenses may entail paying for household bills, groceries, or education expenses. It often involves budgeting and allocating available funds to cover necessary expenses, ensuring that one's financial obligations are met.
Furthermore, in charitable or non-profit organizations, defraying is the act of covering the costs incurred in running programs or services for the benefit of the intended beneficiaries. This includes fundraising efforts aimed at securing financial contributions from individuals, corporations, or governmental entities to defray the expenses associated with carrying out the organization's mission.
Defraying expenses is a fundamental aspect of financial management, involving careful planning and prioritization of resources to ensure that financial obligations are adequately met.
Common Misspellings for DEFRAYING
Etymology of DEFRAYING
The word "defraying" is derived from the Middle French word "defraier", which itself comes from the Old High German word "fridōn", meaning "to deliver" or "to pay". Over time, the word evolved in Middle English to "defrayen", and eventually took on its current form in Modern English as "defraying". It refers to the act of providing funds or paying the costs of something, typically an expense or obligation.
Similar spelling words for DEFRAYING
Conjugate verb Defraying
CONDITIONAL
I
would defray
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would defray
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FUTURE
I
will defray
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will defray
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FUTURE PERFECT
I
will have defrayed
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will have defrayed
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PAST
I
defrayed
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defrayed
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defrayed
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defrayed
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defrayed
PAST PERFECT
I
had defrayed
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had defrayed
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had defrayed
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had defrayed
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had defrayed
PRESENT
I
defray
we
defray
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defray
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defrays
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defray
PRESENT PERFECT
I
have defrayed
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have defrayed
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have defrayed
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has defrayed
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have defrayed
I
am defraying
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are defraying
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was defraying
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were defraying
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were defraying
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will be defraying
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will be defraying
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will be defraying
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will be defraying
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have been defraying
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have been defraying
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have been defraying
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have been defraying
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had been defraying
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had been defraying
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had been defraying
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will have been defraying
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will have been defraying
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would have defrayed
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he/she/it
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I
would have been defraying
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would have been defraying
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