Budget Account


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Budget Account

An individual bank account into which one deposits funds sufficient only to cover one's recurring expenses. For example, at the beginning of the year, one may deposit funds to cover annual rent, health insurance, cell phone bills and so forth. These expenses are automatically debited each month as they come due.
References in periodicals archive ?
Making sure that all household bills are charged to the budget account by standing order or direct debit, I then arrange for the average monthly outlay to be transferred from my current account to my budget account on the same day my modest salary is received.
For example, any organization, program or budget account included in the federal budget section, "Federal Programs by Agency and Account," should be considered part of the government as well as part of the organization or program with which it appears, according to the ED.
The proposed streamlining of the special budget account would save about 30 trillion yen, more than the 20 trillion yen envisaged under the government bill, the DPJ has said.
Download MP Khoury hopes government will succeed in solving budget accounts' auditing issue NNA - MP Walid Khoury on Thursday indicated that the state budget law needed a constitutional amendment following 12 years of failure to endorse it.
BRASILIA, Jumada II 28, 1437, April 06, 2016, SPA -- The rapporteur of a Congressional impeachment committee said on Wednesday there were grounds for impeaching Brazilian President Dilma Rousseff for allegedly manipulating budget accounts in 2014 to boost her reelection prospects, according to Reuters.
Budget accounts for the Government's revenue and expenditure during a fiscal year.
The project will be developed on a plot area of 321,350sqm and the budget accounts for $107m.
The bank said, 'The operations of the Federal Treasury in the form of acquiring foreign currency for 2015 budgetary expenses, including for the repayment of foreign debt, were reflected in the budget accounts of the Bank of Russia but were not taken into account by the domestic foreign exchange market.'
The UAE federal budget accounts for only around 11 percent of overall fiscal spending in the UAE, with individual emirates accounting for the rest.