In freelancing, this often refers to the money a client is willing to pay for a project. An estimation of the revenue and expenses over a specified future period of time.

In freelancing, this often refers to the money a client is willing to pay for some project.

An estimation of the revenue and expenses over a specified future period of time. A budget can be made for a person, family, group of people, business, government, country, multinational organization or just about anything else that makes and spends money. A budget is a microeconomic concept that shows the tradeoff made when one good is exchanged for another.