short-term budgets

Language: en

📖 Definitions

  1. Financial plans or allocations of funds designated for a brief period, typically less than one year, often used in business, government, or organizational contexts to manage immediate expenses and resources.; Budgetary constraints or financial limits that apply to immediate operational needs rather than long-term strategic investments, which may be pressured by rapid scaling or new initiatives.

💬 Examples

  1. The company revised its short-term budgets to accommodate the unexpected rise in raw material costs.

  2. While this may pressure short-term budgets, it also reflects the broader reality of scaling AI initiatives.