Defrayed definitions
| Word backwards | deyarfed |
|---|---|
| Part of speech | The part of speech of the word "defrayed" is a verb. |
| Syllabic division | de-frayed |
| Plural | The plural of the word "defrayed" is "defrayed." It does not change in its plural form. |
| Total letters | 8 |
| Vogais (2) | e,a |
| Consonants (4) | d,f,r,y |
What Does Defrayed Mean?
Defrayed is a term used to describe the action of covering or offsetting a cost or expense. When something is defrayed, it means that the financial burden associated with it has been taken care of by someone or something else.
How is a Cost Defrayed?
There are several ways in which a cost can be defrayed. It can be through reimbursement, subsidies, grants, donations, or any other form of financial assistance that helps to alleviate the expenses involved in a particular situation.
Examples of Defraying Costs
One common example of cost defrayal is when a company offers to cover the travel expenses of an employee for a work-related trip. Another example could be a scholarship program that defrays the tuition costs for students pursuing higher education.
Businesses and Defraying Expenses
Businesses often engage in strategies to defray expenses in order to maximize profits. This can include negotiating better deals with suppliers, implementing cost-cutting measures, or seeking out partnerships that can help share the financial burden.
Personal Finances and Defraying Costs
On a personal level, individuals may also look for ways to defray costs in their daily lives. This could involve budgeting, seeking discounts or promotions, or finding alternative solutions that are more cost-effective.
Conclusion
Ultimately, the concept of defraying costs is about finding creative ways to manage expenses and ensure financial stability. Whether in business or personal finance, the ability to offset costs can have a significant impact on the bottom line and overall success.
Defrayed Examples
- The company defrayed the cost of the team's training camp.
- She defrayed the expenses for the group dinner out of her own pocket.
- The scholarship defrayed the student's tuition fees for the semester.
- The fundraiser helped defray the medical bills of the injured worker.
- The grant defrayed the expenses of the research project.
- The company policy defrayed travel expenses for employees on business trips.
- The crowdfunding campaign successfully defrayed the costs of the new playground equipment.
- The insurance policy defrayed the costs of repairing the storm-damaged roof.
- The government grant defrayed the costs of renovating the community center.
- The scholarship fund defrayed the cost of textbooks for low-income students.