单词 | operating budget |
释义 | operating budgetDefinition A detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period (usually one year). It generally consists of several sub-budgets, the most important one being the sales budget, which is prepared first. Since an operating budget is a short-term budget, capital outlays are excluded because they are long-term costs. Use 'operating budget' in a SentenceWhen trying to figure out how much you can spend on a project you first must know your full operating budget. We had a really good and efficient operating budget to work with that would put us above the rest of the competition. The operating budget had been increased for the upcoming year which was of great joy to the manager allocating the funds. |
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