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Understanding Cash Budgets. A cash budget is used to estimate the cash inflows and cash outflows anticipated by a company over a period of time. Budgets are often looked at over a 1-month, 3-month or 12-month time period.
federal budget. Definition. The budget for the federal government. The federal budget of a country is determined yearly, and forecasts the amount of money that will be spent on a variety of expenses in the upcoming year. â Congress could not decide on how to allocate the annual federal budget between the various divisions of the United States government. â.