👉 The term "prebudgetary" refers to a period of time before or during which a company may have its financial resources, including cash, in reserve. This could occur at any stage of a business's lifecycle, such as when a company is starting up, growing, or experiencing growth. In this context, the word "prebudgetary" implies that there is some level of planning and preparation for future expenses or revenue, but not yet fully committed to them.
