Budget

A budget is a financial plan for a defined period of  a year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. Companies, governments, families and other organizations use it to express strategic plans of activities or events in measurable terms.[1]

A budget is the sum of money allocated for a particular purpose and the summary of intended expenditures along with proposals for how to meet them. It may include a budget surplus, providing money for use at a future time, or a deficit in which expenses exceed income.

Comme Sisyphe - Honoré Daumier (Brooklyn Museum)

Etymology

A budget (derived from old French word meaning purse) is a quantified financial plan for a forthcoming accounting period.[2]

A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting tools:

  1. Tools provide a forecast of revenues and expenditures, that is, construct a model of how a business might perform financially if certain strategies, events and plans are carried out.
  2. Tools enable the actual financial operation of the business to be measured against the forecast.
  3. Lastly, tools establish the cost constraint for a project, program, or operation.
Other Languages
Afrikaans: Begroting
አማርኛ: በጀት
asturianu: Presupuestu
azərbaycanca: Büdcə
беларуская: Бюджэт
беларуская (тарашкевіца)‎: Бюджэт
български: Бюджет
bosanski: Budžet
català: Pressupost
čeština: Rozpočet
dansk: Budget
Deutsch: Budget
eesti: Eelarve
español: Presupuesto
Esperanto: Buĝeto
euskara: Aurrekontu
فارسی: بودجه
français: Budget
galego: Orzamento
한국어: 예산
հայերեն: Բյուջե
हिन्दी: बजट
hrvatski: Proračun
Ido: Budjeto
Bahasa Indonesia: Anggaran belanja
italiano: Budget
עברית: תקציב
Basa Jawa: Anggaran
ಕನ್ನಡ: ಬಜೆಟ್
ქართული: ბიუჯეტი
қазақша: Бюджет
Kiswahili: Bajeti
latviešu: Budžets
lietuvių: Biudžetas
македонски: Буџет
മലയാളം: ബഡ്ജറ്റ്
မြန်မာဘာသာ: ဘတ်ဂျက်
Nederlands: Begroting
नेपाली: बजेट
日本語: 予算
norsk: Budsjett
oʻzbekcha/ўзбекча: Budjet
ਪੰਜਾਬੀ: ਬਜਟ
پښتو: بوديجه
polski: Budżet
português: Orçamento
română: Buget
русский: Бюджет
Simple English: Budget
کوردی: بودجە
српски / srpski: Буџет
srpskohrvatski / српскохрватски: Budžet
suomi: Budjetti
svenska: Budget
Türkçe: Bütçe
українська: Бюджет
Tiếng Việt: Ngân sách
粵語: 筆直
žemaitėška: Biodžets
中文: 預算