UNEXPENDED BALANCES Meaning and
Definition
-
Unexpended balances refer to the remaining funds or resources that have not been utilized or spent within a given period of time. It typically applies to financial accounts, budgets, or budgets of government agencies, organizations, or businesses.
In the context of financial accounts, unexpended balances represent the surplus or unused funds that have been allocated or set aside for specific purposes. These funds may remain due to factors such as budgetary constraints, project delays, or unforeseen circumstances. Unexpended balances can occur in various types of accounts, such as revenue, expense, or capital accounts. They play a crucial role in financial management, as they provide an overview of the available resources and the financial health of an entity.
For government agencies, unexpended balances generally refer to the remaining funds from an allocated budget or appropriation that have not been utilized or disbursed by the end of a fiscal year. These balances may be carried forward to the next fiscal year, subject to specific rules and regulations governing fund carryovers.
In non-governmental organizations or businesses, unexpended balances can arise from various sources, including operational budgets, project budgets, or donor contributions. These balances may result from cost-saving measures, efficient resource allocation, or the postponement of planned expenditures.
Overall, unexpended balances serve as a financial indicator, reflecting the status of funds or resources that have not been spent within a specific period, providing insights into the financial management and planning of an entity.
Common Misspellings for UNEXPENDED BALANCES
- ynexpended balances
- hnexpended balances
- jnexpended balances
- inexpended balances
- 8nexpended balances
- 7nexpended balances
- ubexpended balances
- umexpended balances
- ujexpended balances
- uhexpended balances
- unwxpended balances
- unsxpended balances
- undxpended balances
- unrxpended balances
- un4xpended balances
- un3xpended balances
- unezpended balances
- unecpended balances
- unedpended balances
- unespended balances
Etymology of UNEXPENDED BALANCES
The word "unexpended balances" is a compound phrase composed of two words: "unexpended" and "balances".
1. "Unexpended" is derived from the prefix "un-" meaning "not", and the verb "expend", meaning "to use or consume". Therefore, the word "unexpended" means "not used or consumed".
2. "Balances" comes from the Middle English word "balance", which originated from the Old French word "balancier". It originally referred to a pair of scales used for weighing, later extending to the concept of an equilibrium or equal distribution.
When combined, the phrase "unexpended balances" refers to funds or resources that have not been used or consumed and are still available.
