NOT BUDGETED Meaning and
Definition
-
Not budgeted refers to something that has not been included or accounted for in a financial plan or budget. When an expense or expenditure is not budgeted, it means it was not anticipated or considered during the budgeting process.
Budgeting is a systematic process of allocating resources, creating a financial plan, and estimating future income and expenses. It allows individuals, businesses, or organizations to set financial goals, control spending, and make informed decisions about resource allocation. However, not all possible expenses or income sources can be accurately predicted during the budgeting process, leading to certain items being classified as not budgeted.
This term is often used in financial contexts such as personal finance, business finance, or government budgeting. It implies that the identified expense or income item was not previously considered or planned for, and may require adjustments in spending, revenue sources, or overall financial plans.
Not budgeted expenses can be unexpected or unanticipated expenditures, such as emergency repairs, unforeseen events, or unplanned projects. It may also refer to overspending beyond the allocated budget amounts. On the other hand, not budgeted income can include windfalls, unexpected gains, or additional revenue sources that were not previously considered.
Overall, "not budgeted" signifies the absence of an anticipated or planned financial provision for a particular item or expenditure in a budgeting process.
Common Misspellings for NOT BUDGETED
- bot budgeted
- mot budgeted
- jot budgeted
- hot budgeted
- nit budgeted
- nkt budgeted
- nlt budgeted
- npt budgeted
- n0t budgeted
- n9t budgeted
- nor budgeted
- nof budgeted
- nog budgeted
- noy budgeted
- no6 budgeted
- no5 budgeted
- not vudgeted
- not nudgeted
- not hudgeted
- not gudgeted
Etymology of NOT BUDGETED
The term "not budgeted" is a combination of the word "not" and the past participle form of the verb "budget". The etymology of the word "budget" can be traced back to the Old French word "bougette" or "bouge", which referred to a leather bag or pouch used for carrying goods. In the 15th century, the word "budget" started to be used in English, initially denoting a wallet or bag for holding money or personal belongings. Over time, "budget" evolved to specifically refer to a financial plan that lists projected expenses and revenues. The addition of the negating prefix "not" creates the term "not budgeted", indicating that something has not been included or accounted for in a budget.
