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Answer for the clue "Shells out or spends ", 7 letters:
outlays

Alternative clues for the word outlays

Word definitions for outlays in dictionaries

Wiktionary Word definitions in Wiktionary
vb. (en-third-person singular of: outlay )

Usage examples of outlays.

Thanks to the massive outlays it had been called upon to make for a number of years outfitting and paying and feeding Head Count armies, the State was broke.