Rolling budget

Rolling budget is budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Rolling budget. Budget or plan that is always available for a specified future period by adding a period (month, quarter, or year) to the period that just ended. Also called continuous budget.

According to Managerial Accounting by Braun, Tietz (5th edition),

Rolling budget. A budget that is continuously updated so that the next 12 months of operations are always budgeted; also known as a continuous budget.