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unspent blances vs unexpended balances

Both phrases are correct, but they are used in different contexts. 'Unspent balances' is commonly used when referring to money that has not been used or spent, while 'unexpended balances' is more commonly used in formal or legal contexts to describe funds that have not been used or expended.

Last updated: March 31, 2024 • 798 views

unspent blances

This phrase is incorrect. The correct spelling is 'unspent balances.'

The term 'unspent balances' is used to describe money that has not been used or spent.

Examples:

  • The organization has unspent balances from the previous fiscal year.
  • The unspent balances will be carried over to the next budget cycle.
  • We note that large amounts remain unspent every year.
  • Especially in the period of slower projected expenditure growth from 2006/07, government departments will need to adjust to tighter budgets, and thus might make use of accumulated unspent balances.
  • The European Parliament must ignore the Council of Ministers and the national governments which only want to recover the unspent amounts in order to help balance their domestic budgets.
  • Ensure smooth spending across the financial year and the 'carry-over' principle for unspent funds.
  • Nevertheless, € 8,9 billion of unspent appropriations is still unacceptably high.
  • Last year a total of EUR 8.3 billion remained unspent.
  • It would also, he said, be possible to carry forward some unspent funds to two subsequent financial years.
  • Subject: Food crisis and unspent farm subsidies
  • Reconstruction aid to Kosovo is essential but the pile-up of earlier unspent budget lines means that more discussion might be fruitful.
  • Subject: More beneficial use of unspent budget appropriations
  • ANNEX 1 - Origin of the unspent appropriations in 2002
  • The session also sees unspent money being allocated to local energy saving projects.
  • Madam President, Mrs Sandbæk referred to the unspent EDF money that could be used for this.
  • Yet the EU is unable to spend the money available; billions of euro in regional cohesion funds remain unspent.
  • Unspent funds from these projects may be allocated to this field.
  • So it is unacceptable that so much money allocated for regional and social projects goes unspent.
  • Any unspent funds paid to a mission are recovered.
  • Some members of the Council were not willing to provide unspent agricultural money to support developing countries.
  • Including unspent sums from previous EDFs, the total available for programming is EUR 552 million.
  • We need to be able to transfer funds and unspent margins more easily, undertake front- and back-loading.

Alternatives:

  • unused funds
  • remaining money
  • untouched balances
  • leftover funds
  • unutilized amounts

unexpended balances

This phrase is correct and is commonly used in formal or legal contexts to describe funds that have not been used or expended.

'Unexpended balances' is typically used in formal or legal contexts to refer to funds that have not been used.

Examples:

  • The unexpended balances must be reported in the financial statements.
  • The budget includes provisions for unexpended balances at the end of the year.
  • The book values given represent the sum of unpaid commitments known as unexpended balances or RALs.
  • institutional aid for the implementation of measures to carry out the undertakings made during the consultations may be provided from the unexpended balances of the sixth and seventh EDF funds.
  • Any unexpended balance left upon closure of the accounts of programmes and projects shall accrue to the ACP State or States concerned.;

Alternatives:

  • unused funds
  • remaining budget
  • unutilized amounts
  • untouched balances
  • leftover funds

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