What Does OB Stand For?
OB stands for Operating Budget
The Operating Budget (OB) is a financial plan that outlines an organization's projected revenues and expenses over a specific period, typically a fiscal year. It serves as a roadmap for operational efficiency, ensuring that resources are allocated effectively to meet the organization's goals and objectives. The OB plays a critical role in financial management, providing benchmarks for performance evaluation and facilitating informed decision-making.
Added on 14th April 2008 | Last edited on 17th June 2025 | Edit Acronym