What's the difference between
and
Enter two words to compare and contrast their definitions, origins, and synonyms to better understand how those words are related.

Budget vs Forecasting - What's the difference?

budget | forecasting |

As nouns the difference between budget and forecasting

is that budget is budget while forecasting is a forecast or prediction.

As a verb forecasting is

.

budget

English

(wikipedia budget)

Noun

(en noun)
  • (obsolete) A wallet, purse or bag.
  • * 1590 , Edmund Spenser, The Faerie Queene , III.x:
    • With that out of his bouget forth he drew / Great store of treasure, therewith him to tempt [...].
  • 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.

    • Derived terms

    * black budget * budgetary * budgeteer * budgeter * champagne taste on a beer budget * high-budget * low-budget

    Adjective

    (-)
  • Of or relating to a budget.
  • Appropriate to a restricted budget.
    • We flew on a budget airline.

    Synonyms

    * (appropriate to a restricted budget) low-cost

    Verb

    (en verb)
  • To construct or draw up a budget.
    • ''Budgeting is even harder in times of recession
  • To provide funds, allow for in a budget.
    • ''The PM’s pet projects are budgeted rather generously
  • To plan for the use of in a budget.
    • The prestigious building project is budgeted in great detail, from warf facilities to the protocollary opening.

    forecasting

    English

    Verb

    (head)

    • Noun

    (en noun)
  • A forecast or prediction.
  • * 1852 , The Dublin University Magazine (page 66)
    • There were sneers, and scoffs, and inuendoes of some; prophecies of failure in a hundred ways; forecastings of non-completion, forecastings of swift dissolution and crashing ruin