BUDGET

1. a statement of the total amount of money or resources available to an activity within a stated period of time and a breakdown of how it will be spent or allocated. The amount allowed to a budget is normally a calculation of what the area needs to be functional or achieve its purpose. 2. an estimation of future costs.

a plan of operations based on an estimate of expected income and expenses for a given period in the future. —Random House 2nd Unabridged Dictionary. (Machinery of the Mind Glossary) Final approval 15/11/89