Home > Terms > English, UK (UE) > Budget

Budget

In a financial planning context the word 'budget' (as a noun) strictly speaking means an amount of money that is planned to spend on a particularly activity or resource, usually over a trading year, although budgets apply to shorter and longer periods. An overall organisational plan therefore contains the budgets within it for all the different departments and costs held by them. The verb 'to budget' means to calculate and set a budget, although in a looser context it also means to be careful with money and find reductions (effectively by setting a lower budgeted level of expenditure).

This is auto-generated content. You can help to improve it.
0
Improve it
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Economy
  • Category: Forex
  • Company:
  • Product:
  • Acronym-Abbreviation:
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

budget
Banking; Investment banking

A plan of future income and expenses during a specified period (frequently one year).

budget
Printing & publishing; Publishing

An itemized estimate of expected income and anticipated expenses for a given period of planned future operations. Items for publishing include: pre-press / prep, printing, ...

budget
Business services; Project management

The approved estimate for the project or any work breakdown structure component or any schedule activity.

budgeting
Professional careers; Sales

The process of planning a business' income and expenditure for various activities - marketing, promotion, advertising, personal selling, etc.

budget
Professional careers; Sales

Estimate of revenue and expenditure over a specific period.

budget
Economy; Economics

An annual procedure to decide how much public spending there should be in the year ahead and what mix of taxation, charging for services and borrowing should finance it. The ...

acid test
Economy; Forex

A stern measure of a company's ability to pay its short term debts, in that stock is excluded from asset value.

assets
Economy; Forex

Anything owned by the company having a monetary value; eg, 'fixed' assets like buildings, plant and machinery, vehicles and potentially including intangibles like trade marks and ...

asset turnover
Economy; Forex

Measure of operational efficiency - shows how much revenue is produced per £ of assets available to the business. (sales revenue/total assets less current liabilities)

budget
Economy; Forex

In a financial planning context the word 'budget' (as a noun) strictly speaking means an amount of money that is planned to spend on a particularly activity or resource, usually ...

cashflow
Economy; Forex

The movement of cash in and out of a business from day-to-day direct trading and other non-trading or indirect effects, such as capital expenditure, tax and dividend payments.

cost of goods sold (COGS)
Economy; Forex

The directly attributable costs of products or services sold, usually materials, labour, and direct production costs. Sales less COGS = gross profit. Effetively the same as cost ...

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: TV shows Category: Drama

The West Wing

The West Wing (September 22 1999- May 14 2006)is an American political drama television series created by Aaron Sorkin and produced by Warner Bros. ...

Contributor

Featured blossaries

World's Top Economies in 2014

Category: Business   1 5 Terms

Top 10 Famous News Channels Of The World

Category: Entertainment   2 10 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS