A budgeting strategy in which each and every expense must be justified. The needs of an organization are determined, costs are calculated, and then a budget is built around those needs. This tactic is usually spread out over a number of years and works to lower costs as it negates overall increases or decreases for a budget.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser