bludgetting

Colloquial. Mid-level management speak to descibe the lengthy and painfull process of winnowing first draft pie-in-the-sky budget submissions down to realistic numbers.

Seasonal. Typically occurs during the last quarter of a company's financial calendar.

Honey, I wont be home until after midnight. We've got another bludgetting session with the CFO.

by jstuart January 04, 2006