Meaning of the word "annual budget" in English
What does "annual budget" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
annual budget
US /ˈænjuəl ˈbʌdʒɪt/
UK /ˈænjuəl ˈbʌdʒɪt/
Noun
a plan for the amount of money that a company or organization can spend in a particular year
Example:
•
The board of directors approved the annual budget for the next fiscal year.
•
We need to reduce our annual budget by ten percent to stay profitable.
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