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Meaning of out of pocket

out' of pock'et

Pronunciation: [key]
  1. lacking money.
  2. having suffered a financial loss.

out-of-pock•et

Pronunciation: (out'uv-pok'it), [key]
— adj.
  1. paid out or owed in cash; necessitating an expenditure of cash: The out-of-pocket expenses include cab fares.
  2. without funds or assets: an out-of-pocket student who stayed with us.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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