budget control
Financial limit management
Budget control is the practice of monitoring and managing spending to stay within planned financial limits.
Organizations use budget control to track expenditures against projections and make adjustments: The department implemented stricter budget control after overspending last quarter.
The term applies equally to corporate finance, government agencies, and personal money management.
- cashReady spending funds
- red inkSymbol for financial loss
- zero-based budgetingAllocation requiring complete rejustification
- financial planningOrganizing future monetary goals
- line itemDiscrete budgetary allocation
income generation · spending limits · purse strings · resource allocation · rainy day fund · decision-making processes · self-governance · cost reduction · cost cutting · belt tightening · contingency planning · budgeting · financial transparency · profit maximization · fiscal discipline · cost estimation · number crunching · fraud prevention
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- Congress powersspending power, declare war, impeachment, lawmaking, appropriations
- fiscal policydeficit spending, fiscal reform, fiscal deficit, fiscal policy, government spending
- government powersexecutive power, judicial power, legislative power, war powers, police power
- Government Reformfiscal reform, government reform, policy reform, regulatory reform, restructuring
- legislative powerslawmaking, appropriations, impeachment, veto override, war powers
budget controloverspending
Exceeding one's budget
profligacy · spending spree · extravagance · deficit spending · budget overrun
budget controldiscretionary spending
Non-obligatory personal expenditures
financial autonomy · carte blanche · blank check · slush fund · free rein
budget controldiscretionary spending
Non-obligatory personal expenditures