base budget

Definition

A recurring set of funds provided to a department at the onset of each budget period. The base budget is used to keep the department functioning, and is derived from the previous year's spending and adjustments such as inflation. It is not designed to fund special projects. See also non-base budget.


base budget is...

... in the Accounting & Auditing subject.

Nearby Terms

Search volume for base budget

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z