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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Spend·ing, n. The act of expending; expenditure.
 Spending money, money set apart for extra (not necessary) personal expenses; pocket money. [Colloq.]
 

From: WordNet (r) 2.0

 spending money
      n : cash for day-to-day spending on incidental expenses [syn: pocket
          money, pin money]