The budget
Example: Budget plans expected income and expenses for a defined period
Definition
"The budget" is a financial plan that estimates expected income and expenses over a specific period, helping individuals or organizations manage resources effectively and achieve their financial goals.
Etymology
The term "the budget" originates from the Old French word 'bougette,' meaning 'little bag,' referring to the leather pouch used to carry money. Over time, it evolved to mean a statement of financial resources and expenditures.
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"The budget" appears in the Vocaplus list "English - Management - (A1-C2) - set 1", containing 108 commonly used words.
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