Out-of-pocket costs involve an actual outlay of cash.Out-of-pocket costs are those paid for items purchased,and involve an actual outlay of cash.

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Out-of-pocket costs refer to expenses that require actual payment in cash or through other forms of currency. This can include purchases made with a credit card or other loan, as long as the individual is responsible for paying the bill. In contrast, indirect costs may not involve a direct payment, but instead represent lost time or opportunities.

Out-Of-Pocket Costs Involve an Actual Outlay of Cash