Budgets
/ˈbʌdʒɪts/
Definitions
- (n.) Financial plans allocating expected revenues and expenses for a specified period, often used by governments, organizations, or businesses.
The government approved the annual budgets for healthcare and education.
- (v.) Third-person singular present of budget, meaning to plan or allocate funds.
She budgets the department's expenses carefully each quarter.
Forms
- budget (singular and base form)
Related terms
See also
Commentary
In legal contexts, 'budgets' primarily refer to official financial plans, especially in public administration and organizational management; derivatives as verbs denote the act of planning such allocations.
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.