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Definition of Zero-based budget
1. Noun. (management) A budget developed disregarding the expenses or costs of the prior year, requiring explicit justification for all expenditures. ¹
¹ Source: wiktionary.com
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1. Noun. (management) A budget developed disregarding the expenses or costs of the prior year, requiring explicit justification for all expenditures. ¹
¹ Source: wiktionary.com