A nest egg refers to assets saved or set aside for a significant purchase or a person's retirement. These assets are generally invested in conservative financial instruments to safeguard their value and ensure steady growth over time.
A budgeting system developed particularly for use in non-profit organizations, such as national and local government. The system is based on the grouping together of activities with common objectives and a long-term plan relating to the objectives of the organization as a whole, which is subdivided into programs. Conventional annual expenditure budgeting procedures are applied within this framework.
