The budget
Example: Budget plans income and expenses for business operations
Definition
"The budget" is a financial plan that estimates income and expenses over a specific period, often used in business to manage resources effectively and ensure financial stability. It helps entrepreneurs allocate funds and control spending to achieve operational goals.
Etymology
The term "the budget" originates from the Old French word 'bougette,' meaning a small bag or pouch. It evolved in English to refer to a statement of government revenues and expenditures, metaphorically like a bag holding money, before expanding to its current broader financial planning sense in business.
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"The budget" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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