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| ==Origin== | | ==Origin== |
| [https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] bowgette, from Middle French bougette, diminutive of bouge leather bag, from [[Latin]] bulga, of Celtic origin; akin to Middle Irish bolg bag; akin to [https://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] belg bag | | [https://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English] bowgette, from Middle French bougette, diminutive of bouge leather bag, from [[Latin]] bulga, of Celtic origin; akin to Middle Irish bolg bag; akin to [https://nordan.daynal.org/wiki/index.php?title=English#ca._600-1100.09THE_OLD_ENGLISH.2C_OR_ANGLO-SAXON_PERIOD Old English] belg bag |
− | *[http://en.wikipedia.org/wiki/15th_century 15th Century] | + | *[https://en.wikipedia.org/wiki/15th_century 15th Century] |
| ==Definitions== | | ==Definitions== |
| *1chiefly dialect : a usually leather pouch, wallet, or pack; also : its contents | | *1chiefly dialect : a usually leather pouch, wallet, or pack; also : its contents |
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| :c : the amount of [[money]] that is available for, required for, or assigned to a particular [[purpose]] | | :c : the amount of [[money]] that is available for, required for, or assigned to a particular [[purpose]] |
| ==Description== | | ==Description== |
− | A '''budget''' (from old French bougette, purse) is a list of all [[planned]] expenses and revenues. It is a plan for saving and spending. A budget is an important [[concept]] in [http://en.wikipedia.org/wiki/Microeconomics microeconomics], which uses a budget line to [[illustrate]] the trade-offs between two or more goods. In other terms, a budget is an [[organization]]al [[plan]] stated in monetary terms. | + | A '''budget''' (from old French bougette, purse) is a list of all [[planned]] expenses and revenues. It is a plan for saving and spending. A budget is an important [[concept]] in [https://en.wikipedia.org/wiki/Microeconomics microeconomics], which uses a budget line to [[illustrate]] the trade-offs between two or more goods. In other terms, a budget is an [[organization]]al [[plan]] stated in monetary terms. |
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| In summary, the [[purpose]] of budgeting is to: | | In summary, the [[purpose]] of budgeting is to: |
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| Revenue budget'': The Revenue Budget consists of revenue receipts of [[government]] and the expenditure met from these revenues. Tax revenues are made up of [[taxes]] and other duties that the government levies. | | Revenue budget'': The Revenue Budget consists of revenue receipts of [[government]] and the expenditure met from these revenues. Tax revenues are made up of [[taxes]] and other duties that the government levies. |
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− | ''Expenditure budget'': A budget type which include of spending [[data]] items.[http://en.wikipedia.org/wiki/Budget] | + | ''Expenditure budget'': A budget type which include of spending [[data]] items.[https://en.wikipedia.org/wiki/Budget] |
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| [[Category: Economics]] | | [[Category: Economics]] |