budget approval

Financial plan ratification

Budget approval is formal authorization to spend money according to a proposed plan.

Organizations require budget approval before departments can make purchases or hire staff.

The process typically involves review by managers, finance teams, or boards: We can't move forward until we get budget approval.

The project stalled waiting for budget approval from the committee.

Opposites
authorization status

budget approvalveto

Official refusal to approve

turned down

fiscal action

budget approvalspending freeze

Halt to disbursements

budget freeze · budget cuts · austerity measures · fiscal restraint · government shutdown

process stage

budget approvalbudget proposal

Formal spending plan submission

budget request · budget review

Family

approval, budget

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Rated G