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2006-06-14 01:06:17 · 7 answers · asked by SACRED 1 in Education & Reference Higher Education (University +)

7 answers

Financial Diet Plan. It generally refers to a list of all planned expenses and revenues. A budget is an important concept in microeconomics. A personal budget is among the most important concepts of personal finance. In a personal or family budget all sources of income (inflows) are identified and expenses (outflows) are planned with the intent of matching outflows to inflows.

It's also slang:
"Budget" may be used as a euphemism to describe something that looks or feels inexpensive, cheap or underresourced. In some cases, "budget" could replace the term "sucks" or variants thereof when describing a subject, if it meets the criteria for the word. For example, when describing a repair to an automobile that was poorly done or obviously done for a low cost, one might say "That car looks budget."

2006-06-14 01:08:36 · answer #1 · answered by Clara Isabella 5 · 0 0

Budget generally refers to a list of all planned expenses and revenues. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods.

which budget are you talking about?
Personal or family budget
Government budget
Corporate budget

2006-06-14 01:13:25 · answer #2 · answered by ♥Hina♥ 4 · 0 0

WordNet (r) 2.0 [wn]
budget
n 1: a sum of money allocated for a particular purpose; "the
laboratory runs on a budget of a million a year"
2: a summary of intended expenditures along with proposals for
how to meet them; "the president submitted the annual
budget to Congress"
v : make a budget

2006-06-14 01:09:56 · answer #3 · answered by zen 7 · 0 0

Budget generally refers to a list of all planned expenses and revenues. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods.

http://en.wikipedia.org/wiki/Budget

2006-06-14 01:09:31 · answer #4 · answered by silverpearl 4 · 0 0

An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them.

A systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period: A new car will not be part of our budget this year.

The total sum of money allocated for a particular purpose or period of time: a project with an annual budget of five million dollars.
.

verb :

To plan in advance the expenditure of: needed help budgeting our income; budgeted my time wisely.
To enter or account for in a budget: forgot to budget the car payments.


adj.
Of or relating to a budget: budget items approved by Congress.
Appropriate for a restricted budget; inexpensive: a budget car; budget meals.
[Middle English bouget, wallet, from Old French bougette, diminutive of bouge, leather bag, from Latin bulga, of Celtic origin.]

budgetary budg'et·ar'y (bŭj'ĭ-tĕr'ē) adj.
budgeter budg'et·er or budg'et·eer' (-ĭ-tîr') n.

2006-06-14 01:28:14 · answer #5 · answered by egymah 4 · 0 0

It's basically an overview of your total income and spendings in a period of time - weekly, monthly, yearly.... over a particular item or aim.

2006-06-14 02:12:10 · answer #6 · answered by ALOS 1 · 0 0

Iam agreed with the answer of claire rebec

2006-06-14 01:51:27 · answer #7 · answered by faisal: cma,apa 3 · 0 0

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