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The phrase "expend monies" is correct and usable in written English.
It can be used in formal contexts, particularly in financial or legal documents, to refer to the act of spending or using funds.
Example: "The organization is required to expend monies in accordance with the approved budget for the fiscal year."
Alternatives: "spend funds" or "allocate resources".
Exact(1)
These royalty trusts are not like oil exploration companies that expend monies searching for new oil reserves.
Similar(55)
Why it is even slightly more than one third of the $30 billion mustered over one weekend and set aside for the Bear Stearns bailout, not to speak of the additional billions to bail the share holders of Fannie Mae or Freddie Mac among other Wall Street sinkholes, monies expended to prop up institutions and organizations where this administration has real money and its real supporters on the line.
"These settlements demonstrate the federal government's strong resolve to protect Medicare monies and to ensure that they are expended only for legitimate charges," said Mary Jo White, the United States attorney for the Southern District, in a prepared statement.
Why was Daniel Kuchar awarded monies?
You expend some energy".
They clearly discussed the monies on offer.
Monies were secreted in Swiss banks.
So we cut most of those monies".
Financial investigators are in the process of restraining monies".
In effect, the country had lots of "monies".
Per the purchase agreement no monies are due".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com