agreed budget

USAGE SUMMARY

"agreed budget" is a grammatically correct and usable term in written English.
You can use it in a sentence when referring to a budget that has been negotiated by two parties and consented to by both. For example: "After many negotiations, the two sides finally came to an agreement on an agreed budget for the project."

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

30 human-written examples

Madrid is struggling to meet agreed budget targets and impose greater fiscal discipline upon regional governments.

The New York Times

The recently agreed budget deal will help cut the fiscal squeeze to 0.5% of GDP this year.

The Economist

He will consider making one lawyer in a case responsible for ensuring that it was delivered within an agreed budget.

The Guardian

"I'm responsible for the investors' money, for delivering the film to the producers for the agreed budget," he says.

The Guardian - Money

Only a handful of NATO's 28 members meet the agreed budget target of 2percentt of their gross domestic product.

The Washington Post

"Our inquiry has found that the agreed work could never have been delivered within the agreed budget and timeframe.

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

30 human-written examples

Although the International Monetary Fund and the European Union spearheaded a 7.5 billion-euro ($10.2 billion) loan package for Latvia last December, the terms of the loan may have to be revised if Latvia is unable to stick to the agreed budget-deficit level of 5.0% of gross domestic product.

Forbes

Aberdeen City, Aberdeenshire, Fife, Falkirk and Moray have agreed budgets and the continued council tax freeze.

BBC

In addition, the district/county governments should sign an annual contract with each CHC defining what public health and essential clinical services are purchased with agreed budgets.

BMC Public Health

President Barack Obama and the Democrats have said they will not negotiate with Republicans over their demand that the government agrees budget cuts in return for backing a rise in the borrowing limit.

BBC

Sam Lister in the Times (paywall) says most hospital trusts in London are refusing to agree budgets for the next financial year.

The Guardian

Expert writing Tips

Best practice

In legal or contractual contexts, clearly define what the "agreed budget" covers to avoid future disputes. Include specific line items and contingency plans within the agreement.

Common error

Avoid ambiguity by explicitly outlining what the "agreed budget" encompasses. Unclear terms can lead to cost overruns and disagreements. List detailed inclusions and exclusions to ensure all parties are on the same page.

Linguistic Context

The phrase "agreed budget" primarily functions as a noun phrase, where "agreed" acts as an adjective modifying the noun "budget". It signifies a financial plan that has received consensus among relevant parties. As Ludwig AI underlines, this expression is grammatically sound and usable.

Expression frequency: Common

Frequent in

News & Media

55%

Academia

15%

Formal & Business

10%

Less common in

Wiki

10%

Science

5%

Social Media

0%

Ludwig's WRAP-UP

The phrase "agreed budget" is a grammatically correct and commonly used term that signifies a financial plan approved by all relevant parties. As Ludwig AI confirms, it is suitable for various contexts, including news reporting, academic writing, and business communications. When using "agreed budget", ensure that the scope and specific inclusions are clearly defined to avoid potential disputes. Consider alternatives like "approved budget" or "mutually accepted budget" to add nuance to your writing. Remember to emphasize transparency and mutual understanding when referencing an "agreed budget" in project management or financial planning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

mutually accepted budget

Explicitly states the mutual acceptance of the budget.

approved budget

Emphasizes the formal approval aspect of the budget.

settled budget

Suggests that the budget has been finalized after discussions.

budget consensus

Focuses on the agreement reached regarding the budget.

jointly decided budget

Highlights the collaborative decision-making process.

budget compromise

Emphasizes that the budget is the result of a compromise between different parties.

sanctioned budget

Highlights the official authorization of the budget.

budgetary accord

Uses a more formal term to indicate an agreement on the budget.

budgetary settlement

Uses a more formal term to indicate the finalization of the budget.

accepted financial plan

Wider definition of budget as a financial plan accepted by all the parties.

FAQs

How can I use "agreed budget" in a sentence?

You can use "agreed budget" to indicate a budget that has been discussed and approved by all relevant parties. For example: "The project proceeded smoothly because everyone adhered to the "agreed budget"".

What are some alternatives to "agreed budget"?

Some alternatives include "approved budget", "mutually accepted budget", or "sanctioned budget", depending on the specific context and nuance you want to convey.

What's the difference between "agreed budget" and "proposed budget"?

"Agreed budget" refers to a budget that has been finalized and accepted by all parties. "Proposed budget", on the other hand, is a budget that is still under consideration and has not yet been approved.

Is it appropriate to use "agreed budget" in formal writing?

Yes, "agreed budget" is suitable for formal writing in business, academic, and legal contexts. It clearly communicates that the budget has been officially approved and is binding.