What does budget estimate mean?

budget estimate meaning in Law Dictionary

Estimates of federal government paying for different areas during year, together with an estimate of earnings in the form of income tax incomes. These estimates contain an estimate of Fiscal shortage additionally the Revenue Deficit for the year.

budget estimate meaning in Business Dictionary

Approximation of price of an action, task, system or project, prepared for budgeting and preparation functions just. Not accurate enough to supply a basis for a company dedication, it presents only the spending plan manufacturer's knowledge of the scope and cost of just what needs to be done.