Annual Budget

Any budget that is prepared for a 12-month period. An annual budget outlines both the income and expenditures that are expected to be received and paid over the coming year. Annual budgets are used by individuals, corporations, governments and various other types of organizations.

Annual budgets can apply to either a fiscal or calendar year. These budgets help their creators to plan for the upcoming year and make the necessary adjustments in cash flow to cover expenses. Annual budgets help both individuals and organizations to accurately project their future cash flows and effectively manage their money.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • budget — 1 / bVdZKt/ noun (C) 1 a plan of how a person or organization will spend the money that is available in a particular period of time, or the money itself: planning the annual budget (+ of): a welfare program with a budget of $2 billion |… …   Longman dictionary of contemporary English

  • budget — 1) A financial or quantitative statement, prepared prior to a specified accounting period, containing the plans and policies to be pursued during that period. It is used as the basis for budgetary control. Generally a functional budget is drawn… …   Accounting dictionary

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  • annual — an|nu|al1 W2S2 [ˈænjuəl] adj [Date: 1300 1400; : Old French; Origin: annuel, from Late Latin annualis, from Latin annuus yearly and annalis yearly , both from annus year ] 1.) happening once a year ▪ The school trip has become an annual event.… …   Dictionary of contemporary English


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