Definition, Meaning & Synonyms
planned-budget
Noun
/plænd ˈbʌdʒɪt/
Definition
A planned-budget refers to a detailed financial plan that outlines expected income and expenses over a specific period, guiding an organization’s or individual’s spending and saving strategies.
Examples
- The company prepared a planned-budget for the upcoming fiscal year to ensure financial stability.
- By sticking to a planned-budget, she was able to save for her vacation.
- A planned-budget helps in tracking expenditures and avoiding overspending.
Meaning
The term indicates an organization or individual’s foresight in allocating resources effectively to achieve financial goals.
Synonyms
- Financial plan
- Budget plan
- Projected budget
- Expenditure plan
