Word
budgeting
Phoneticsbud·get·ing
US/ˈbədʒɪtɪŋ/
UK/bˈʌdʒɪtɪŋ/
Definition
n. the process of planning how much money you will spend and what you will spend it on. It helps you make sure you have enough money for the things you need.
n. the process of creating a plan to spend a specific amount of money over a defined period. Often refers to the systematic management of financial resources in both personal and professional contexts.
Examples
“Careful budgeting helps us save for a new car.”
“The department head spent the afternoon budgeting for the next fiscal year to ensure all projects were fully funded.”
“Effective budgeting requires a realistic assessment of fixed costs and variable expenses to prevent a deficit by the end of the quarter.”
Examples
simple
“Careful budgeting helps us save for a new car.”
contextual
“The department head spent the afternoon budgeting for the next fiscal year to ensure all projects were fully funded.”
complex
“Effective budgeting requires a realistic assessment of fixed costs and variable expenses to prevent a deficit by the end of the quarter.”
Usage
Typically used as a gerund noun to describe the activity or process.
Real-World Examples
“He adds that Molly is the more organised of the two when it comes to planning and budgeting, but says he still wants to understand where their money is going.” “Meet with a social worker or senior living adviser to discuss support and safety for ageing in place , whether a move is the right option, and budgeting.” Scan code
englishreference.com/q/budgeting