What is a Budget? Definition


 
Beyond Budgeting > Forum

In the forum section you will find recent discussions within this knowledge area.


What is a Budget? Definition
nura
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 a specified period, reflecting a reading of future financial conditions and goals.
One of the m...Sign up
 

 
What is a Budget?
Qudsiya Amatun Nayeem, Student (MBA), India, Member
A budget generally refers to your financial resources which you pre-plan for a specific area over a limited time span....Sign up
 

 
BUDGET - a Mnemonic / Acronym
Arif ur Rehman, Professor, Pakistan, Member
You can see BUDGET as an acronym:
B = Balanced
U = Utilization
D = Doables
G = Get
E = Effective
T = Transaction
So...Sign up
 

 
BUDGET as an Acronym
K.Narayana Moorthy, HR Consultant, India, Member
Mr. Arif ur Rehman's two points are highly relevant for a business project budgeting in terms of one doables (practically feasible variables) and two,...Sign up
 

   
Special Interest Group Leader

Interested? Sign up for free.


Beyond Budgeting
Summary
Forum
Best Practices

 



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.0 - Last updated: 26-4-2019. All names of their owners.