The organization that owns the award in question. Budgets Used synonymously with appropriations.
Budgets refer to funding allocated to projects.
Burn Rate Rate at which appropriations have been expended. E.g. a 12-month rolling total of available balance can be used to calculate this rate. This rate is frequently used in projecting when funding will run out. It can also be used as a benchmark to compare against actual expenditures in the future. Commitments Used synonymously with encumbrances.