What is a Budget? Definition

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What is a Budget? Definition
What precisely is a budget? Let's collects some good definitions here.
According to Wikipedia, a budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

What Precisely is a Budget?
Jeroen van de Graaf
An estimate of costs, revenues and resources over ...

What is a Budget?
Qudsiya Amatun Nayeem, Member
A budget generally refers to your financial resour...

BUDGET - a Mnemonic / Acronym
Arif ur Rehman, Member
You can see BUDGET as an acronym:
B = Balance...

BUDGET as an Acronym
K.Narayana Moorthy, Member
Mr. Arif ur Rehman's two points are highly relevan...


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