Budget vs Estimation - What's the difference?
budget | estimation |
(obsolete) A wallet, purse or bag.
* 1590 , Edmund Spenser, The Faerie Queene , III.x:
The amount of money or resources earmarked for a particular institution, activity or time-frame.
An itemized summary of intended expenditure; usually coupled with expected revenue.
Of or relating to a budget.
Appropriate to a restricted budget.
To construct or draw up a budget.
To provide funds, allow for in a budget.
To plan for the use of in a budget.
The process of making an estimate.
The amount, extent, position, size, or value reached in an estimate.
Esteem or favourable regard.
As nouns the difference between budget and estimation
is that budget is a wallet, purse or bag while estimation is the process of making an estimate.As an adjective budget
is of or relating to a budget.As a verb budget
is to construct or draw up a budget.budget
English
(wikipedia budget)Noun
(en noun)- With that out of his bouget forth he drew / Great store of treasure, therewith him to tempt [...].
Derived terms
* black budget * budgetary * budgeteer * budgeter * champagne taste on a beer budget * high-budget * low-budgetAdjective
(-)- We flew on a budget airline.
Synonyms
* (appropriate to a restricted budget) low-costVerb
(en verb)- ''Budgeting is even harder in times of recession
- ''The PM’s pet projects are budgeted rather generously
- The prestigious building project is budgeted in great detail, from warf facilities to the protocollary opening.