Spend \Spend\, v. i.

1. To expend money or any other possession; to consume, use, waste, or part with, anything; as, he who gets easily spends freely.

He spends as a person who knows that he must come to a reckoning. --South.

2. To waste or wear away; to be consumed; to lose force or strength; to vanish; as, energy spends in the using of it.

The sound spendeth and is dissipated in the open air. --Bacon.

3. To be diffused; to spread.

The vines that they use for wine are so often cut, that their sap spendeth into the grapes. --Bacon.

4. (Mining) To break ground; to continue working.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Spend \Spend\, v. t. [imp. & p. p. Spent; p. pr. & vb. n. Spending.]

[AS. spendan (in comp.), fr. L. expendere or dispendere to weigh out, to expend, dispense. See Pendant, and cf. Dispend, Expend, Spence, Spencer.]

1. To weigh or lay out; to dispose of; to part with; as, to spend money for clothing.

Spend thou that in the town. --Shak.

Wherefore do ye spend money for that which is not bread? --Isa. lv. 2.

Source: Webster's Revised Unabridged Dictionary (1913)