An operating budget is a crucial financial plan for any business. Sometime using the same phrase repeatedly can become a bit monotonous. Hence, it's always good to know some synonyms for the term 'operating budgets.' Some alternatives can be 'expense budget,' 'annual budget,' 'planned operating expenses,' 'spending plan,' 'operational budget,' and 'income and expense budget.' An operating budget is all about the company's expenses and income for the upcoming financial period, which can be a month, a quarter, or an entire year. Whatever be the term, an organization's budget sets the tone for its fiscal strategy, and its success depends highly on this.