budgeting

Definitions

Accounting

  • noun the preparation of budgets to help plan expenditure and income

Construction

  • A process used to allocate the estimated cost of resources into cost accounts (i.e., the cost budget) against which cost performance will be measured and assessed. Budgeting often considers time-phasing in relation toa schedule and/or time-based financial requirements and constraints.

Politics

  • noun the activity of preparing plans about spending and income
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