From The Collaborative International Dictionary of English v.0.48:
Expend \Ex*pend"\, v. t. [imp. & p. p. Expended; p. pr. & vb. n. Expending.] [L. expendere, expensum, to weigh out, pay out, lay out, lay out; ex out + pendere to weigh. See Poise, and cf. Spend.] To lay out, apply, or employ in any way; to consume by use; to use up or distribute, either in payment or in donations; to spend; as, they expend money for food or in charity; to expend time labor, and thought; to expend hay in feeding cattle, oil in a lamp, water in mechanical operations. [1913 Webster]
If my death might make this island happy . . . I would expend it with all willingness. --Shak. [1913 Webster]
From The Collaborative International Dictionary of English v.0.48:
Expend \Ex*pend"\, v. i. 1. To be laid out, used, or consumed. [1913 Webster]
2. To pay out or disburse money. [1913 Webster]
They go elsewhere to enjoy and to expend. --Macaulay . [1913 Webster]