Zero-balance budgeting

Zero-balance budgeting is the process starting with an established point of zero rather than using the current budget as the basis for adding, modifying, or subtracting resources.

Definition

According to Management by Robbins and Coulter (14th edition),

Zero-balance budgeting. Process starting with an established point of zero rather than using the current budget as the basis for adding, modifying, or subtracting resources.