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Annual Budget |
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Annual Budget A plan for an organization or company's expenditures for a fiscal year. Making an annual budget involves balancing an organization's revenue or income with its expenses. A budget is in balance if revenues equal expenditures, it is in deficit if the person or company must resort to borrowing to meet expenses, and it is in surplus if money is left over to be used for savings or expansion. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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