rolling budget

Definition

A way for a company or business to set up their budget whereby as every month goes by, the old month is replaced by another month so that the budget will always be for 12 months.

Use rolling budget in a sentence

You should try to keep track of your rolling budget so that you know that you are keeping up with it.

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Our company had a rolling budget and I thought that we were headed i a good direction and would have great profits.

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Rolling budgets are usually updated on a month to month basis depending on expenditures and other factors, such as changes in the cost of materials or changes in revenue.

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