Energy & Green Tech

Arctic cold 'no sweat' for electric cars in Norway

Norwegian electric car owners have a word for the way they feel when they look nervously at their battery indicators while driving in subfreezing weather: "rekkevideangst", or "range anxiety".

Engineering

Students break new ground in Hyperloop challenge

Imagine living in a city in the distant (or maybe not-so-distant) future: You need to make an appointment across town, so you step into a pod in an underground tunnel. From there, you're whizzed at breakneck speeds through ...

Business

IMF predicts worst Mideast downturn in half century

The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices.

page 1 from 2

Budget

A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organizational plan stated in monetary terms.

In summary, the purpose of budgeting is to:

This text uses material from Wikipedia, licensed under CC BY-SA