El presupuesto ejecutado asciende a

< Previous | Next >

patacones

Senior Member
Panama English
I know this has been asked before, but I don't see an answer which quite convinces me. The phrase comes from an annual project report (WASH project in Latin America). The idea here is that the amount of the total project budget spent during the reporting period is....
Is there a more formal word in financial terms than "spent"?

Thank you!
 
  • Jektor

    Senior Member
    English (UK)
    Is there a more formal word in financial terms than "spent"?
    I guess I'd like to know what word is usually used for this concept in financial texts.
    .
    The usual "official" words in such accounts are "income and "expenditure", so:
    "The amount of the total project budget expended" would give an official sound to the statement:
    wordreference.com - definition/expenditure
    google.as - q=accounts+income+expenditure
    But as the organisation WASH is apparently a charitable project, in that case "invested" might be more appropriate:
    en.wikipedia.org - WASH
    wordreference.com - definition/invest
    The accounts of a trading company would usually refer to "profit" and "loss":
    investopedia.com - profit and loss
    google.as - q=accounts+profit+loss
    .
     

    patacones

    Senior Member
    Panama English
    Thanks very much Jektor! Very useful information. By the way, WASH is water, sanitation and hygiene, an important component in public health and well-being.
     
    < Previous | Next >
    Top