# a sum of money allocated for a particular purpose; "the laboratory runs on a budget of a million a year"
# a summary of intended expenditures along with proposals for how to meet them; "the president submitted the annual budget to Congress"
so you can read a dictionary, unfortunetly, all of you will show how young and dumb you are, if you choose to go down this road with me.
that is the webster definitioin, congrats, but what it is in business is much more. It is the forecated amount expected for a territory, or company to generate, in relation to forecasted profitability ina given year. In english, the amount you need to generate for you or your territory to be profitable to the company.
yes, it is from a p&l standpoint,but not managing a territory, where existing business, and sccount already exist. as the other guy was saying. 670 million? Thats somewhere the entire nestle company might generate ina given year, which is a billion dollar company. But he would have you believe that it was just his responsibility, yeah, okay.