operating budget

  

Definition

A detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period (usually one year). It generally consists of several sub-budgets, the most important one being the sales budget, which is prepared first. Since an operating budget is a short-term budget, capital outlays are excluded because they are long-term costs.

Use operating budget in a sentence

Related Videos




http://www.businessdictionary.com/definition/operating-budget.html

Have a question about operating budget? Ask for help in the
Community
advertise here

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