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Budget
Keywords and concepts for JC
Term | Definition |
---|---|
Budget | A plan of your future income and expenditure in a given period. |
Net cash | Total income minus total expenditure. |
Budget surplus | When our expected income is greater than our expected expenditure. |
Budget deficit | When our expected income is less than our expected expenditure. |
Budgeting | Matching our expected income with our expected expenditure. |