rezago presupuestal
English translation: lagging budget
| 17:40 Feb 17, 2007 |
| Spanish to English translations [PRO] Bus/Financial - Accounting | |||||
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|  Selected response from: Roberto Rey Colombia Local time: 04:21 | ||||
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| 4 | lagging budget |
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| Discussion entries: 3 | |
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Answers
29 mins confidence: 
lagging budget Explanation: Some entities (mostly governmental) have a alloted amount of funds and for some reason or another they see themselves falling behind in the spending. The results are that by the end of the fiscal period they still have much more money than they are supposed to and try to spend it in just weeks, days or even hours to comply with government regulations. -------------------------------------------------- Note added at 34 mins (2007-02-17 18:14:28 GMT) -------------------------------------------------- please correct have "an allotted amount" ...sri -------------------------------------------------- Note added at 3 hrs (2007-02-17 20:55:46 GMT) -------------------------------------------------- Reserva presupuestal is the amount of a budget that has been alloted and not spent yet... I think there is a slight confusion of terms..Rezago is exactly what I explained... |
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