A budget developed by top management with little or no input from operating personnel; operating personnel are then informed of the budget objectives and constraints
Please browse the site for more banking and finance terms. We are adding new terms every single day, so come back tomorrow, or sign up to the ‘Word of the Day’ email to receive a definition like the meaning of Imposed Budget in your mailbox each morning.
Please leave your comments on Imposed Budget below. Remember, every comment gets you another entry into the random prize draw for 100 GBP of Amazon vouchers.
Next winner will be selected on [date]. Comment now!