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 ?
Although the 2018/19 budget shows a distinct budget line in the housing policy department for the Supporting People Programme at PS124.
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.
The person starts the day with the lower budget line and the set of indifference curves [I.
In reviewing this order, we found that it is outdated and unclear and that the linkages between FAA's policies and the assignment of budget line items to the F&E and Operations accounts are very general.
This concerns new (or missing) EEA-relevant budget lines, as well as the number of secondments of national experts and the cash contribution to the administrative costs.
Perlmutter adds that recognition and incentive programs that focus employees on their performance and corporate goals should not be cut to eliminate a budget line item.
Tindal said the research bill -- the cost of which he would not reveal except to say the church had gotten a good deal -- will be paid out of the residential schools budget line.
The reality is that most retailers only want to carry one budget line," says McMenemy.
The GAO acknowledged as much in its new report when it said, "Currently, there is no clear link between the Forest Service's ecosystem-based goals and objectives and its budget line items, funding allocation criteria, and performance measures.
If YOU fit the bill and are willing to become involved, call our Budget line on 0141-242-3251.
Although it has long been the practice to provide a budget line for equipment service contracts (such as typewriter cleaning or maintenance for microform readers), the increase in the number and kinds of equipment has far exceeded the capacity of this usually modest part of the budget.
In addition, many of the needs could be met by "reprogramming" existing budget line items--switching from the activity in the line item to the one needed in the forest.

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