Also means
expenditure
Usage Note
Gasto can be a single expense (un gasto imprevisto, an unexpected expense) or total expenditure (el gasto público, public spending). The related verb gastar means both 'to spend' and 'to use up/wear out'. Gastos (plural) often appears in accounting contexts meaning costs or charges.
Examples
"El gasto en educación ha subido."
Natural Translation
Spending on education has risen.
Literal Translation
The spending in education has risen.
Related Words
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