Translation and Meaning of: 予算 - yosan

The Japanese word 「予算」 (yosan) is often used in financial and budgeting contexts. The etymology of the term is composed of two kanji: 「予」 (yo), which means "previous" or "anticipation," and 「算」 (san), which has the meaning of "calculation" or "account." Thus, together, they convey the idea of calculating in advance, or "budget." This notion encompasses the advance preparation of finances to foresee future revenues and expenses.

The origin of the term is strongly linked to financial management, whether in personal, corporate, or governmental contexts. In Japan, the preparation of a 「予算」 is a crucial part of governance, where the government details the planned allocation of resources for the upcoming fiscal year. This practice is essential to ensure that resources are used efficiently and that economic and social objectives can be achieved.

The concept of 「予算」 is very broad and can be applied in various contexts, such as in companies, where it is fundamental for planning investments and setting financial goals, and in personal spheres, it helps in organizing family finances. There are different types of budgets, such as operational budgets, which cover daily revenues and expenses, and capital budgets, intended for long-term investments.

Variations and related terms include 「予算案」 (yosanan), meaning "budget proposal," referring to a proposed budget that is still under evaluation and approval. Additionally, the process of reviewing and adjusting a budget, known as 「予算調整」 (yosanchousei), is crucial for adapting financial estimates to unforeseen changes. Thus, understanding the 「予算」 is essential for anyone or any organization looking to manage their finances effectively.