Where the expenses or costs of the prior year are not taken into consideration when establishing expense or budgetary levels looking forward. Each expense category starts from zero. All expenses or cost levels within the budget must be justified or re-justified as being necessary; thus "zero-base".
Barry Goldsmith
| APA | Barry Goldsmith. (2010). zero based budget. Retrieved September 21, 2026, from http://smartdefine.org/zero_based_budget/definitions/1166747 |
| Chicago | Barry Goldsmith. 2010. "zero based budget" http://smartdefine.org/zero_based_budget/definitions/1166747 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, zero based budget, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/zero_based_budget/definitions/1166747>. |
| MLA | Barry Goldsmith. "zero based budget" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/zero_based_budget/definitions/1166747> |