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Business English vocabulary · Numbers and Money

Budget

Meaning in business english, with examples

/ˈbʌdʒɪt/nounCore term

In business english, budget means: The amount of money that a company, team or project plans to spend over a period of time, or the plan that shows this.

In Turkish: bütçe, ödenek

How it is used

You set, approve, cut or increase a budget, and a project can be on, under or over budget. Managers ask whether something is 'in the budget', and 'on a tight budget' means with little money.

Example sentences

  1. The marketing budget for next year has been cut by 15 percent.

  2. We finished the project two weeks early and under budget.

Common collocations

  • approve the budget
  • over budget
  • under budget
  • tight budget
  • budget for something
  • forecastA statement of what is expected to happen in the future, especially to sales, costs or demand, based on current data and trends.
  • figuresNumbers that show amounts, results or statistics, especially official numbers about sales, costs or performance.
  • expense reportA form or online report that lists the work-related money you have spent, with receipts, so that the company can pay you back.
  • bottom lineThe most important fact or the final position in a discussion; also a company's profit or loss, shown on the last line of its income statement.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Numbers and Money

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