Noun. 1. granulocyte-a leukocyte that has granules in its cytoplasm. leucocyte, leukocyte, WBC, white blood cell, white blood corpuscle, white cell, white corpuscle-blood cells that engulf and digest bacteria and fungi; an important part of the body's defense system.Translations.. granulocyte-a leukocyte that has granules in its cytoplasm. leucocyte, leukocyte, WBC, white blood cell, white blood corpuscle, white cell, white corpuscle-blood cells that engulf and digest bacteria and fungi; an important part of the body's defense system. Translations.
The budget cycle refers to the life of a budget from creation to evaluation. Although small businesses might not use the term âbudget cycle,â they use the process when they painstakingly work through the steps required to build and implement a budget. The budgeting process progresses in stages as plans are made, funds are allocated and new information leads to revisions.
The complicated annual budget cycle can be difficult for outsiders to follow. The below summary helps to explain the process. It's useful to think of the federal budget cycle in four phases. The first phase is agency planning; the second phase covers budget review by the Office of Management and Budget. These two phases together amount to the President's budget formulation.