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[out-yeer] /ˈaʊtˌyɪər/
the fiscal year after a year covered by a budget; any year beyond the budget year for which projections of spending are made. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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noun phrase

One of the six or so years affected by a budget or an action in question; the year beyond a current fiscal year: will rise even more sharply in the near future, or what the Pentagon calls the ''out years'' (1970s+)

The Dictionary of American Slang, Fourth Edition by Barbara Ann Kipfer, PhD. and Robert L. Chapman, Ph.D.
Copyright (C) 2007 by HarperCollins Publishers.
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