Budget Control
/ˈbʌdʒɪt kənˈtroʊl/
Definitions
- (n.) The process or system of overseeing and regulating financial expenditure within legally defined limits to ensure compliance with budgets in public or private sector entities.
The government implemented strict budget control measures to prevent overspending.
Forms
- budget control
Related terms
See also
Commentary
Often critical in public administration and corporate governance, budget control mechanisms must align with statutory and regulatory frameworks to ensure lawful use of funds.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.