Definition of zero-based in English:
(Of a budget or budgeting) having each item costed anew, rather than in relation to its size or status in the previous budget.
- This makes zero-based budgeting or even activity-based costing almost pointless from a budget officer's point of view, since so little of a district's funds are available for reallocation.
- As you prepare next year's budget, should you start from scratch and use zero-based budgeting?
- I'm tormented by these zero-based environments where we've abandoned so many children.
Definition of zero-based in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Spain
Most popular in Malaysia
Most popular in Pakistan