Chapter 2: introduction to budget 21 definition of budget chapter 2: introduction to budget – planning and control. Looking for definition of budget budget explanation define budget by webster's dictionary, wordnet lexical database, dictionary of computing, legal dictionary. The revenue budget consists of revenue receipts of the government (revenues from tax and other sourc english hindi what is a revenue budget. Define budget for budget for synonyms, budget for pronunciation, budget for translation, english dictionary definition of budget for vb to allocate, save, or set aside money for : we need. A budget deficit occurs when expenditures exceed revenue the term is typically used to refer to government spending and national debt. An operating budget consists of the revenue and expense targets a company sets for each year, quarter and month management uses it to review business goals against. Definition: the indoor and the water budget establishes a baseline of how much the homeowner should expect to use in the house and where the water goes. Learn about the economics term budget line, which describes the line of affordability for a consumer wanting to buy multiple goods.
Government budget: government budget, forecast by a government of its expenditures and revenues for a specific period of time in national finance, the period covered. The budget for a particular fiscal year sent to congress by the president in february of each year in accordance with the budget and accounting act of 1921, as. Though a marketing budget might make you think of the money allocated for shopping at the local market, it's really about something else entirely businesses that. Definition of budget: an estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals.
A national budget is the proposal of revenues and expenditures a government expects for a given fiscal year it is much like any budget in that it estimates necessary. Definition of congressional budget office in the legal dictionary - by free online english dictionary and encyclopedia what is congressional budget office. A flexible budget is a budget that adjusts or flexes for changes in the volume of activity the flexible budget is more sophisticated and useful than a static budget. In this lesson, we'll outline the major components of a master budget and look at an example that shows how a company's individual budgets relate.
A summary of intended expenditures along with proposals for how to meet them the president submitted the annual budget to congress a sum of money allocated for a particular purpose the. Definition of personal budget: an individual prepares this income and expense statement to project future income and expenses dictionary term of day. Definition of budget in us english - an estimate of income and expenditure for a set period of time, a quantity of material, typically that which is written. Budget defined - a dictionary definition of budget definition: a budget is a description of a financial plan it is a list of estimates of revenues to and.
Page i gao-05-734sp budget glossary contents preface 1 terms and definitions 2 appendixes appendix i: overview of the development and execution of the federal budget 102. Define budget: a usually leather pouch, wallet, or pack also : its contents stock, supply — budget in a sentence.
A budget is a financial document used to project future income and expenses, created by individuals or companies that aim to stay within certain financial parameters. Budget projections definition, meaning, english dictionary, synonym, see also 'budget',budget for',budget account',budget deficit', reverso dictionary, english.
Few discussions generate as much confusion as those about the annual federal budget deficit find out why a balanced budget doesn't make sense. Finance glossary of accounting and budgeting terms the following terms are used frequently throughout the governor’s budget, the governor’s budget.