a system of managing a business by applying a financial value to each forecast activity. Actual performance is subsequently compared with the estimates
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
How to use budgetary control in a sentence
Large sums were voted loosely, and expended by executive boards without any budgetary control.