A budget is an estimation of revenue and expenses over a specified future period of time. A budget is an estimation of revenue and expenses over a specified future period of time. Topics
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In fact the budget is not a strong-box to hold what is put into it, but a watering-pot; the more it takes in and the more it pours out the better for the prosperity of the country. Rabourdin had long studied the budget under its double-aspect of ways and means and of expenditure.
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What a difficult undertaking is the rehabilitation of the Civil Service while the liberal cries aloud in his newspapers that the salaries of clerks are a standing theft, calls the items of the budget a cluster of leeches, and every year demands why the nation should be saddled with a thousand millions of taxes.
https://legal-dictionary.thefreedictionary.com/budget
budget noun accountancy, accounts, allocation, allowance, appropriation, balance sheet, balance statement, distribution, estimated expenditures, planned disbursement, profit and loss account, provision, ration, statement, statement of account Associated concepts: budget bill, budget notes, itemized budget, municipal budget, public debt limitations
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The book examines the various components that help create a complete budget and discusses the reasons for budgeting, namely increasing shareholder value. Total Business Budgeting In February, the Office of Management and Budget projected a fiscal year 1997 budget deficit of $126 billion.
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an estimate, often itemized, of expected income and expense for a given period in the future. 2. a plan of operations based on such an estimate. 3. an itemized allotment of funds, time, etc., for a given period. 4. the total sum of money set aside or needed for a purpose: the construction budget.
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Even though budgeting is a wonderful tool for managing your finances, many people still think it's not for them. Below is a list of budget myths – the erroneous logic that stops people from keeping track of their finances, and allocating money in the best way. 1. I Don't Need to Budget
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Top management reviews the budget and submits it for approval to the board of directors. Static Vs. Flexible Budgets. There are two major types of budgets: static budgets and flexible budgets. A static budget remains unchanged over the life of the budget. Regardless of changes that occur during the budgeting period, all accounts and figures remain the same as they were originally calculated.
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In terms of the bottom line – the end result of this tradeoff – a surplus budget means profits are anticipated, a balanced budget means that revenues are expected to equal expenses, and a deficit budget means expenses will exceed revenues.
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Definition of budget in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is budget? Meaning of budget as a legal term. What does budget mean in law?
https://legal-dictionary.thefreedictionary.com/budget
budget meaning
A budget is an estimation of revenue and expenses over a specified future period of time.