Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
B
- Budget AmendmentBudget Revision, Budget Modification
- A formal revision to an approved budget made after the budget cycle has begun, usually to reflect unexpected cost or demand changes.
- Budget CycleBudgeting Cycle, Fiscal Cycle
- The recurring sequence of stages, typically preparation, approval, execution, and review, through which an organisation plans and manages its spending.
- Budget PlanningBudgetary Planning, Fiscal Planning
- The process of estimating future costs and revenues and allocating resources accordingly before a budget cycle begins.
S
- Supplemental Budget
- An additional budget allocation approved after the original budget cycle, usually to cover unforeseen spending needs beyond the original appropriation.