Question

briefly describe the term budget ​

Answer 1

A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for a person, a group of people, a business, a government, or just about anything else that makes and spends money.

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Answer 2

Explanation:

an estimate of income and expenditure for a set period of time.