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Budgetary Discipline

Definition

Budgetary discipline, /ˈbʌdʒɪtəri ˈdɪsɪplɪn/ (UK), /ˈbʌdʒɪtɛri ˈdɪsəplɪn/ (US), refers to the practice of adhering to budgetary guidelines and constraints to achieve financial goals effectively.

Example

A good company emphasizes budgetary discipline among its employees to ensure responsible spending and optimal resource utilization.