Budget

Abbreviation(s) or Acronym(s): None

Definition(s):

  1. (noun) A fixed and allocated quantity — often of a limited Resource such as money — that is available for, or assignable to, a particular Project, effort, or situation.

  2. (verb) To plan, allocate, and manage a fixed quantity of a limited Resource, such as money, for a particular Project, effort, or situation.