Abstract Budget
Abstract (noun) – /ˈæbˌstrækt/
Synonyms: summary, outline, synopsis, brief
Nearby words: abstruse (గూఢార్థంగా), absurd (అసంగతికరమైన), abundance (పెద్దది), abuse (దుర్వినేత్రత)
Antonyms: concrete (నిర్మాణకరమైన), specific (నిర్దిష్ట), tangible (స్పష్టమైన), definite (నిశ్చిత)
An abstract budget refers to a summary or outline of a financial plan. It provides a concise overview of income, expenses, and financial goals. This type of budget is often used in business settings to present key financial information to stakeholders or decision-makers.
For individuals, an abstract budget can be a useful tool for managing personal finances. By creating a summary of income sources, expenses, and savings goals, individuals can gain a better understanding of their financial situation and make informed decisions.
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