zero-based budget

English

English Wikipedia has an article on:

zero-based budgeting

Wikipedia

Noun

zero-based budget (plural zero-based budgets)

1. (management) A budget developed disregarding the expenses or costs of the prior year, requiring explicit justification for all expenditures.

Derived terms

• zero-based budgeting

Related terms

• zero-based review

Further reading

• Accounting Glossary