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
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answer #1
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answered by Clara Isabella 5
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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
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answer #2
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answered by ♥Hina♥ 4
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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
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answer #3
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answered by zen 7
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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
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answer #4
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answered by silverpearl 4
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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.
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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
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answer #5
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answered by egymah 4
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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
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answer #6
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answered by ALOS 1
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Iam agreed with the answer of claire rebec
2006-06-14 01:51:27
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answer #7
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answered by faisal: cma,apa 3
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