line item budget

Definition

A budget in which each expense is separately accounted for, and placed on a separate line for readability and analysis. Line item budgets are useful for financial planning, cost reduction measures, and identifying potential sources of waste or fraud.

Use line item budget in a sentence

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
line item line of credit