bilancio

budget

noun bee-LAN-choh Common

Origin: Medieval Latin bilanx (two-pan scale), from bi- + lanx (plate)

Also means

balance sheet

Usage Note

Bilancio is the standard term for a financial budget (bilancio statale, state budget) and for an accounting balance sheet (bilancio d'esercizio). In metaphorical use it means 'assessment' or 'tally' — fare un bilancio della situazione (to take stock of the situation). Do not confuse with bilancia (scales, balance instrument).

Examples

"Il governo ha approvato il bilancio annuale."

Natural Translation

The government approved the annual budget.

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