Definition, Meaning & Synonyms
budgetary cuts
Noun
/ˈbʌdʒɪtəri kʌts/
Definition
Reductions made to a budget, typically in order to save money or allocate resources more effectively.
Examples
- The organization announced budgetary cuts that impacted several community programs.
- Due to budgetary cuts, the city had to reduce its public transportation services.
- Schools are facing budgetary cuts, leading to fewer resources for students.
Meaning
Budgetary cuts refer to the act of decreasing the allocated financial resources for various departments, projects, or programs within an organization or government. These cuts are often implemented to address financial constraints or to reallocate funds to priority areas.
Synonyms
- Financial reductions
- Budget reductions
- Cost-cutting measures