expend
v. C1 Advanced US //ɪkˈspɛnd// UK //ɛkspˈɛnd// ex·pend
v. to use up a resource or spend money. You use this when you want to say that something is being used up for a specific purpose.
v. to use up or consume a resource, such as money, energy, or materials. Often implies a deliberate or strategic allocation of a finite asset.
The company decided to expend its remaining budget on new equipment.
The government must expend significant resources to maintain the aging infrastructure before the next decade begins.
By choosing to expend their limited diplomatic capital on this high-stakes negotiation, the leaders risked alienating their traditional allies in the region.
Borrowed from Latin expendō (“I weigh; I pay out”). Doublet of spend.