1. The process of planning, monitoring, and controlling spending and costs in an organization or personal finances
Effective expenditure management helped the company reduce costs by 20%.
A gestão eficaz de despesas ajudou a empresa a reduzir custos em 20%.
2. The systematic approach to tracking and optimizing financial outlays
Government expenditure management is crucial for fiscal responsibility.
A gestão de despesas governamentais é crucial para a responsabilidade fiscal.