budget line


Also found in: Acronyms.

Budget Line

An item in a budget. For example, the amount of money a company expects to spend in manager salaries may be listed as a budget line.
Budget lineclick for a larger image
Fig. 19 Budget line. If a consumer has an income of £10 and the price of good X is 50 pence and the price of good Y is £1, he can buy 20 units of X or 10 units of Y, or some combination of both, for example 10 units of X and 5 units of Y The slope of the budget line measures the relative prices of the two goods.

budget line

or

consumption possibility line

a line showing the alternative combinations of goods that can be purchased by a consumer with a given income facing given prices. See also CONSUMER EQUILIBRIUM, REVEALED PREFERENCE THEORY, PRICE EFFECT.
References in periodicals archive ?
The awards will help civil society groups in Benin, Burkina Faso, and Mauritania to work with local and national governments to create or increase budget lines for contraceptives.
Under the GBO offer shown by budget line DD' in Figure 2, SSDI benefits are reduced (point D is below point W = $B) but the benefit offset is a more generous $1-for-$4 instead of $1-for-$2.
The line AB is the budget line that would hold if the household did not borrow at all against the future value of her home, that is, if a = 0.
A3: The individual chooses a point on the budget line.
If you can demonstrate that your company can execute a budget line item, if you can shape part of your idea to what the government wants done for a particular project--say something educational or construction-oriented--if you can fill a need, you can compete," says Francie Ward, CEO of the Business Owners' Idea Cafe (www.
JofA: President Bush has proposed a $500 million increase in the IRS enforcement budget line for 2006.
2) How did FAA implement its policies for determining whether 17 specific budget line items identified by appropriators belong in its F&E or Operations accounts, including personnel compensation, benefits, travel, and related expenses?
The program areas described in the initiatives roughly correspond to the traditional R & T budget line items.
The misleading $175 million figure includes only the budget line item for grants and ignores appropriations for, among other things, a trust to help pay off that illegal debt.
There was no budget line item to reward us for working extra hours, extra days, weekends, summers.
If EEA EFTA participation is not envisaged in the basic EU act or proposal establishing the programme or activity, the Commission may be willing to enter the relevant budget line into the EEA budget only after a decision in the EEA Joint Committee, but before the EEA budget is adopted.
Jim Sullivan, another WEF official, says it is possible that Congress will provide a separate budget line for the wet weather program in fiscal 2002, which starts Oct.

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