Today's Market

updated 6 hours ago Sponsored by:
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASD 4,683.92 -49.58 -1.05%

Community: Investing Wiki

Term Of The Hour

estimate flexible budget: Original post by C. Taylor of Demand Media A fixed price budget is easier to calculate than a flexible budget, but it doesn't allow for variable costs. As an example, a landscaping business may have a fixed supply cost, but wages are dependent on the number of hours worked. Flexible budgets allow for such variables, which change according to necessity. In the aforementioned example, a flexible…

Want to learn more or edit this definition?
Click here to read more!