Budget

Definition:

A detailed pro forma schedule of financial activity, such as an advertising budget, a sales budget, or a capital budget.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Partial Vote

When only a portion of the total shares in an account is voted. For example, a broker has 1,000 shares and sends out a card to each of four shareholder clients. If only three of the four client cards... Read More

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