Terminology - Business, Terminology - Finance.
Budget
An estimation of the
revenue & expenses over a specified future period of time.
A budget can be made
for a person, family, group of people, business,
government, country, multinational organization or / just about anything
else that makes &spends money.
A budget is a micro -
economic concept that shows the trade-off made when one good is exchanged for
another.
Src: Investopedia
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