spend
v.v. to use money to buy things, or to use your time to do an activity.
v. to pay out money in exchange for goods or services, or to pass time in a specific way or place.
I usually spend twenty dollars on lunch every day.
If you spend too much time on social media, you might find it hard to finish your work.
The government plans to spend a significant portion of the annual budget on improving public infrastructure and healthcare services in rural areas.
From Middle English spenden, from Old English spendan (attested especially in compounds āspendan (“to spend”), forspendan (“to use up, consume”)), from Proto-West Germanic *spendōn (“to spend”), borrowed from Latin expendere (“to weigh out”). Doublet of expend. Cognate with Old High German spentōn (“to consume, use, spend”) (whence German spenden (“to donate, provide”)), Middle Dutch spenden (“to spend, dedicate”), Old Icelandic spenna (“to spend”).
The verb is transitive and takes a direct object. When used with time or money, it often takes the preposition 'on' before a noun or an '-ing' verb form.
I spend much money for clothesI spend much money on clothesThe verb 'spend' typically takes the preposition 'on' rather than 'for' when referring to the object of purchase.